Ooh, and add in ever increasing journals and submissions, and you are correct!

(Or pass them along to grad students who take it extremely seriously)

The entire peer review system is somewhat of a mess since publish or perish and citation indexes have been embedded into promotion and tenure as metrics.

Nope, looks like they DeMorganed to avoid parenthesis

(Oops, didn’t realize 5 other people said the same thing! I don’t think my client loaded all the comments the first time.)

For professors it’s somewhat included but in the pay structure and an expected part of service. So you could argue that it’s not necessarily “free” time, but it’s not a great argument. Reviewers should still be paid and not expected to do this for free.