Madam, – The new chairman of the Higher Education Authority, John Hennessy, wants higher education “to move closer to the values and practices of the private sector” (Home News, May 13th). Do these values and practices include CEO compensation of many millions per annum, pro-rata compensation for senior and middle management, first-class travel for senior executives, large bonus schemes, bailouts when things go wrong, short-term thinking, and a fetish for simplistic categories and models of the world? Perhaps the movement should be in the other direction. – Is mise,