Dr David Ellerman completed his undergraduate studies in the philosophy of science at MIT, before continuing his studies at Boston University, where he completed a Master's degree in economics and philosophy, followed by a PhD in mathematics. He has been working on economic democracy for 50 years and is now considered one of the foremost authorities in the field. He is a co-founder of the Industrial Cooperative Association, Employee Ownership Services d.o.o. and the Institute for Economic Democracy, where he currently serves as President. Ellerman is co-author of the European ESOP model.