Stop the Presses! Or, At Least, Stop Their Subsidies!
University presses exist to publish scholarly books and journals that might not be published by a for-profit publishing house due to the small market for most academic books. Therefore, they require subsidies from willing donors and/or presumably less willing taxpayers and students. But as Milton Friedman often pointed out, “No one spends other people’s money as carefully as he spends his own.” That applies just as much to book publishers as to everyone else.