In economics an open access journal, Theoretical Economics, has become very important (it is now sponsored by the Econometric Society). One interesting feature of it is that it tries to have shorter turn around times for shorter papers.
The back story is worth reading here, including this nugget: "In Bart’s role as Treasurer, he also conducted the tricky negotiations necessary to get a credit card authorizer to deal with us. Eventually he found a company that specialized in small operations. Although that company appeared a bit disorganized—at some point it has us down as “Theological Economics”—" [HT Hülya Eraslan]
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