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I admit that I don't have statistics [edit: on libraries], but most libraries in the world are not large or in the US, and JSTOR's prices for a "small" library in "the rest of the world" are much, much larger than [edit: wrong — comparable to or perhaps a bit larger than, but not much, much larger than] their entire budget. Check out http://support.jstor.org/csp/PriceCalculator/. This code (for Chrome) gives me a yearly price of $81162.70, although it hangs the browser for a while first: function mouseEvent() { var event = document.createEvent("MouseEvents"); event.initMouseEvent("click", true, true, window, 0, 0, 0, 0, 0, false, false, false, false, 0, null); return event; }
function each(list, thunk) { list = Array.prototype.slice.call(list); for (var ii = 0; ii < list.length; ii++) { thunk(list[ii]); } }
each(document.getElementsByClassName('expand'), function(link) { link.dispatchEvent(mouseEvent()) })
each(document.getElementsByClassName('e-only'), function(link) { link.dispatchEvent(mouseEvent()) })
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"Complete Current Scholarship Collection" for 22751.90 is a duplicate of all the things above it. So I think some of the entries have been double counted.
The real price for most libraries may about 1/2 or less of your estimate (they won't be interested in everything). And 20,000 to 40,000 is (well, shouldn't) be a lot of money for a public library.
That's the salary for a single employee! I would expect a library to have at least 5 employees, plus a budget to buy books.
Also I would expect a small library to have only a subset of the papers, and for serious research you would need to "go into the city".