Paul Krugman Sticks It to Poor People With $225,000 Salary to Study Income Inequality
2nd July 2015
At taxpayer expense, of course.
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.
Nice work, if you can get it. I can make up as many liberal fairy tales about ‘income inequality’ as Krugman; maybe I should apply.
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 at The New York Times. He has written books, too. His publisher is W. W. Norton & Company.
Pretty sweet.
Thus Krugman, who has long criticized substantial wealth inequalities in the United States, has a net worth that is over 39,000 percent of the net worth of the poorest quintile of Americans.
Well, I guess he won’t have to look far to start his study.