RE: Merck published fake journal

["Joseph Esposito" <espositoj@gmail.com>]

Oh boy, Bill, this comment can not go unanswered.  How about the 
entrepreneur I know who, already worth $100 million, decided that 
his next venture should run for a year or two and then be flipped 
to some stupid investor?  Or the founders (not a few of them) who 
are not even curious about complying with labor law?  We don't 
have to get into those owners who view their success as a matter 
of entitlement.  Nor should we overlook those who are very 
talented, uniquely talented at starting an enterprise, but simply 
cannot achieve the proper level of detachment when an 
organization increases in size.

If you are saying you know many terrible managers, I would say 
you are not alone, but I also know bad entrepreneurs, bad 
teachers, bad lawyers (lots of these), and absolutely crummy 
administrators in the not-for-profit sector. Let's not pick on 
managers as a class.

Joe Esposito


-----Original Message-----
From: owner-liblicense-l@lists.yale.edu
[mailto:owner-liblicense-l@lists.yale.edu] On Behalf Of
bill@multi-science.co.uk
Sent: Wednesday, May 13, 2009 6:35 PM
To: liblicense-l@lists.yale.edu
Subject: Re: Merck published fake journal

Isn't it the case that sub prime publishing (and sub prime 
anything else for that matter) is more likely to come from 
businesses run by managers than those by owners? Managers tend to 
not necessarily care that much about what particular business 
they manage (nor even what particular industry that business is 
in) but focus more on their own career; owners however are 
focussed on their own business, deeply interested in it, its 
survival and any number of considerations surrounding it; all of 
which means they are not in the position of having one and only 
one benchmark, profit.

An interesting case could be made that professional managers will 
run 'better' businesses in the short term, but the long term 
public good is better served by owner-managed businesses. 
Librarians, be careful with whom you do business!

Bill Hughes (owner) Multi-Science Publishing