CUNY Pays Paul Krugman $225K to Study Income Inequality
Is the irony of this situation lost on progressive fans of Krugman?
Eric Owens of the Daily Caller reported.
Paul Krugman Sticks It To Poor People With $225,000 Salary To Study Income Inequality
This week, trustees of the cash-strapped, taxpayer-funded City University of New York (CUNY) system approved a hefty annual salary as well as the fancypants title of “distinguished professor” for Paul Krugman.
New York City’s public college system pays Krugman $225,000 each year to analyze the vexing problem of income inequality at the CUNY Graduate Center’s Luxembourg Income Study Center, Gawker notes.
Krugman’s $225,000 salary — which is $18,750 per month — does not include his undisclosed earnings from other ventures, the sum of which could be substantial.
The decidedly left-leaning economics professor is also employed by Princeton University’s Woodrow Wilson School of Public and International Affairs as well as by the London School of Economics. Additionally, he works as a columnist The New York Times. He has written books, too. His publisher is W. W. Norton & Company.
In 2008, Krugman won a Nobel Prize as well (cash value: roughly $1 million).
The $225,000 annual salary Krugman receives from the public CUNY system to study income inequality places him squarely in the top five percent of all American earners.
The total amount of wealth derives annually from all of his various income sources is unclear.
Paul Krugman Sticks It To Poor People With $225,000 Salary To Study Income Inequality (The Daily Caller)
Comments
So happy I left this den of abject insanity. At least it won’t be my taxes paying for this.
And, I wager that Krugman will create far less economic value in “earning” this salary than a small business owner would (or, for that matter, any productive private sector employee).
Consistent with his histrionic and fallaciously zealous drivel, shouldn’t Krugman donate $175,000 of his salary to a charity or charities of his choice, so that he will earn the median household income? At least, I would expect a principled person to do such a thing. But, of course, as with all prominent Leftists, Krugman clearly enjoys wealth and the comforts it provides, as long as he can smugly bask in the glow of his alleged moral superiority/”benevolence,” granted via his constant anti-free market and “income inequality” agitations.