Lubomir Cingl

YouTube video by Behavior Change For Good Initiative The Anomalies That Changed Economics | Richard Thaler and Alex Imas

I'm excited to share access to a video of the conversation @angeladuckworth.bsky.social & I hosted at Wharton w/ our brilliant friends @rthaler.bsky.social & @aleximas.bsky.social about their new book THE WINNER'S CURSE & how behavioral econ has evolved in the last 30 years. youtu.be/hH8UgQb-x4A?...

Upgrade to Windows 11 they say. It will be good they say.

Same in Prague, Czechia.

So, why is it darn high?

A table showing profit margins of major publishers. A snippet of text related to this table is below. 1. The four-fold drain 1.1 Money Currently, academic publishing is dominated by profit-oriented, multinational companies for whom scientific knowledge is a commodity to be sold back to the academic community who created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis, which collectively generated over US$7.1 billion in revenue from journal publishing in 2024 alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit margins have always been over 30% in the last five years, and for the largest publisher (Elsevier) always over 37%. Against many comparators, across many sectors, scientific publishing is one of the most consistently profitable industries (Table S1). These financial arrangements make a substantial difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor & Francis revenues were generated in North America, meaning that North American researchers were charged over US$2.27 billion by just two for-profit publishers. The Canadian research councils and the US National Science Foundation were allocated US$9.3 billion in that year.

A figure detailing the drain on researcher time. 1. The four-fold drain 1.2 Time The number of papers published each year is growing faster than the scientific workforce, with the number of papers per researcher almost doubling between 1996 and 2022 (Figure 1A). This reflects the fact that publishers’ commercial desire to publish (sell) more material has aligned well with the competitive prestige culture in which publications help secure jobs, grants, promotions, and awards. To the extent that this growth is driven by a pressure for profit, rather than scholarly imperatives, it distorts the way researchers spend their time. The publishing system depends on unpaid reviewer labour, estimated to be over 130 million unpaid hours annually in 2020 alone (9). Researchers have complained about the demands of peer-review for decades, but the scale of the problem is now worse, with editors reporting widespread difficulties recruiting reviewers. The growth in publications involves not only the authors’ time, but that of academic editors and reviewers who are dealing with so many review demands. Even more seriously, the imperative to produce ever more articles reshapes the nature of scientific inquiry. Evidence across multiple fields shows that more papers result in ‘ossification’, not new ideas (10). It may seem paradoxical that more papers can slow progress until one considers how it affects researchers’ time. While rewards remain tied to volume, prestige, and impact of publications, researchers will be nudged away from riskier, local, interdisciplinary, and long-term work. The result is a treadmill of constant activity with limited progress whereas core scholarly practices – such as reading, reflecting and engaging with others’ contributions – is de-prioritized. What looks like productivity often masks intellectual exhaustion built on a demoralizing, narrowing scientific vision.

A table of profit margins across industries. The section of text related to this table is below: 1. The four-fold drain 1.1 Money Currently, academic publishing is dominated by profit-oriented, multinational companies for whom scientific knowledge is a commodity to be sold back to the academic community who created it. The dominant four are Elsevier, Springer Nature, Wiley and Taylor & Francis, which collectively generated over US$7.1 billion in revenue from journal publishing in 2024 alone, and over US$12 billion in profits between 2019 and 2024 (Table 1A). Their profit margins have always been over 30% in the last five years, and for the largest publisher (Elsevier) always over 37%. Against many comparators, across many sectors, scientific publishing is one of the most consistently profitable industries (Table S1). These financial arrangements make a substantial difference to science budgets. In 2024, 46% of Elsevier revenues and 53% of Taylor & Francis revenues were generated in North America, meaning that North American researchers were charged over US$2.27 billion by just two for-profit publishers. The Canadian research councils and the US National Science Foundation were allocated US$9.3 billion in that year.

The costs of inaction are plain: wasted public funds, lost researcher time, compromised scientific integrity and eroded public trust. Today, the system rewards commercial publishers first, and science second. Without bold action from the funders we risk continuing to pour resources into a system that prioritizes profit over the advancement of scientific knowledge.

We wrote the Strain on scientific publishing to highlight the problems of time & trust. With a fantastic group of co-authors, we present The Drain of Scientific Publishing:

a 🧵 1/n

Drain: arxiv.org/abs/2511.04820
Strain: direct.mit.edu/qss/article/...
Oligopoly: direct.mit.edu/qss/article/...

#EconJobMarket💼

Meet Charlotte Cordes, JM-candidate @econmunich.bsky.social

🎓JMP: Motivated memory and favoritism

🔍Research topics: Behavioral Economics, Experimental Economics

🌐 Website: sites.google.com/view/charlot...

Odposlechnuto na hřišti:
M: Bobíku, proč si nehraješ s dětmi?
B: Nuda.
M: Tak si hrajte třeba na schovku?
B: No tak jo.

Za 2 minuty:
M: BOBÍKŮŮŮ! KDÉ SÍ! Tady jsi. A mazej do auta, máš zaracha, měl jsi vždycky být tam, kde tě uvidím!

Postdoctoral Position in Behavioral and Environmental Economics

I am looking for a post-doc working on behavioral/environmental/urban/energy economics to join my group at the University of Copenhagen. Position is 2 years (possibly 3), good salary, free health insurance, one of the most livable cities in the world. Apply here: jobportal.ku.dk/videnskabeli...

deevybee.blogspot.com/2024/10/an-o...

🚨 Job Market Alert 🚨

The Department of Economics of the University of Bologna invites applications for a fixed-term Assistant Professor position
**any field**
starting AY 2026/27.

📅 Apply by Nov 10

💼 6-year contract, low teaching load, no Italian required.

Info: econjobmarket.org/positions/11...

Divergent views on behavioral economics: books by Loewenstein and Chater, and Thaler and Imas

You could hardly have more different books on behavioral economics. Chater and Loewenstein regret their part in what they feel has turned into a scam, while Thaler and Imas celebrate how it has gone from victory to victory.
#econsky #academicsky
marketdesigner.blogspot.com/2025/10/dive...

U nás v rodině to je jasné - všechny fajn geny po matce, všechno špatně po tátovi

Famous Cognitive Psychology Experiments that Failed to Replicate A quick reference

A useful summary.

aethermug.com/posts/famous...

From Marx to markets — and from biology to economics.

🎙️ Geoffrey Hodgson reflects on how his thinking evolved, why markets matter, and how ideas from Darwin can help us understand economies.

Hosted by Tanweer Ali & Andrea Saenz de Viteri from VŠE.

In a new short conceptual/review paper with @petrhoudek.bsky.social, we describe how groups or organizations can become corrupt due to selection and sorting effects, socialisation, institutional capture, and norm entrenchment: authors.elsevier.com/c/1ltb3,rU~O...

🎖️ The Prize in Economic Sciences is awarded to Joel Mokyr, Philippe Aghion and Peter Howitt!

Over the last two centuries the world has seen sustained economic growth. This year’s laureates explain how innovation provides the impetus for further progress.

#PrizeinEconomicSciences #NobelPrize

I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.

🧵 1/7

Timothy Snyder: Freedom is Action Professor Timothy Snyder – a prominent voice of freedom, teams up with NAFO to fundraise for ten trucks and ten cargo buses with anti-drone jamming systems. These will transport and protect those who ...

Please join me in raising funds for medical cargo buses and trucks with electric jamming for brigades of Ukraine's Khartiia Corps. These automobiles make the difference between whether people survive or not. We can do something very specific and meaningful to help.
www.help99.co/patches/timo...

Can Europe Grow Green and Prosper? Magnus Henrekson on Growth, Energy, and the Future of Economics In the second part of the conversation, host Niclas Berggren continues his interview with Swedish economist Magnus Henrekson, delving deeper into the key forces shaping Europe’s economic future. They ...

🌍 Can Europe grow green and prosper?

In the new Horizont VŠE episode, host @nonicoc.bsky.social continues his conversation with Magnus Henrekson about growth, energy, and the future of Europe’s economy.

🎧 Listen here: research.vse.cz/news/can-eur...

#AcademicSky #EconSky

Ale ne :-(

Češi patří k nejvíc nemocným v Evropě. Některé předvolební návrhy by rozvrátily zdravotnictví, varuje expert Čekací doby u lékaře jsou jedním z hlavních taháků předvolebních kampaní. Strany slibují kratší fronty na vyšetření. Které z nápadů mají naději na to, že zaberou? A jaké by naopak stávající systém spí...

denikn.cz/1850760/cesi... kolega z Brna se vzdelanim z UCLA se rozpovidal o nasem zdravotnictvi, odemceno pro vas.

Severine Toussard from Oxford university is presenting her research at our research seminar!

Jsem vedoucí katedry na Univerzitě Karlově, vystudoval jsem IES FSV UK a University of Chicago. Ekonomická politika a tvorba zákonů má vycházet z faktů, analýz a vědeckých poznatků. Pokrok Česka dusí zabedněnost v jednoduchých ekonomických poučkách z devadesátek. A oligarchizace. Obojí chci změnit.

🔄 Aktualizovali jsme grafiku vývoje průměrné globální teploty za posledních 22 000 let.

Zatímco v průběhu přirozeného přechodu mezi dobou ledovou a meziledovou trvalo oteplení o 1 °C více než tisíc let, nyní se vlivem člověkem vypouštěných skleníkových plynů ohřála o 1 °C za méně než sto let.

Poslední víkend s pěkným počasím, nejlepší čas na celorodinnou - wait for it - střevní chřipku! A navíc s nočním zahájením, jupí!

Chodov na Sokolovsku otevřel ve školce třídu pro dvouleté děti. Okamžitě byla plná Počet dětí v mateřských školách v Chodově v posledních letech postupně klesá. Tím se některé třídy uvolnily a bylo možné jednu z nich přizpůsobit potřebám menších dětí.

Město Chodov otevřelo ve své mateřské škole třídu pro děti od dvou let. Vyslyšelo tak zejména potřeby žen, které potřebují nastoupit po mateřské dovolené dříve zpět do zaměstnání.

Třída pro 22 dětí se okamžitě zaplnila. irozhl.as/xkI

Started training to become a new James Bond. Let’s see if they will like my accent, because the rest is easy ;-)

Ono to vypadá hezky, ale bohužel v tom běhá spousta myší a podobných zvířátek, což ne každý chce.

Brown-bag seminar in labor economics given by Klara Kaliskova is well attended! :)

Moji i manželky rodiče jsou taky naprosto super.