Dear Professor Wolff, I very much enjoy your regular economic update and other work. As you open your broadcast, you have worked in academia most of your life. Given the recent hunger strike at the Yale University, could you address in one of the following Economic updates the question of democratic running of academic affairs (departments, schools)? The current model, promoted worldwide, is at best meritocratic, but more commonly managerial and business-derived. It produces the results you described for Yale. How should an academic department or an institution conduct itself in a democratic manner, without compromising quality of teaching and research? I am aware that the Mondragon Cooperation has founded its own university. If you are familiar with it, could you perhaps talk about how it is organized and run, and if it is different from other institutions at all?
Thanks for the suggestion. I shall do that in a forthcoming Economic Update program.