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" ... All of this raises questions. Is the differential financial reward for research really optimal? Are the lords of the academic manor becoming so highly paid that it engenders public distrust and disgust with higher education? Is tenure really needed? Is the erosion in the faculty's share of resources and decision-making clout something good or bad? All things to talk about in future epistles. ... "
" ... It's Christmas time. Hesse won some best CEO award this year. Maybe he will decide that being Pinocchio just doesn't fit with his epistles on ethics or being some macher in the telecom industry. (for those who don't live in NY or know any Yiddish a macher is a big deal.) For now, he is a tall man with a long nose. Maybe there is a patent medicine cure for this disease although ARoid certainly doesn't know it. Maybe they used to sell it at Balcor but they are out of business now. ... "
" ... With all the disruption of academic life and finances by Covid-19 (see my last three epistles), colleges are almost certainly going to need what the late Clayton Christensen called “disruptive innovation” this fall. The problem: with budgets almost certainly severely constrained (despite the Feds dropping some money out of airplanes, or the equivalent, over college campuses), how can you improve the educational product to attract students and serve society without spending money? ... "