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Public University Will Pay Paul Krugman $225,000 for Part-Time Job

National Review Online reports:

Paul Krugman announced a couple months ago that he’s leaving his Princeton professorship to become a professor in the economics Ph.D. program at the City University of New York and a scholar the Luxembourg Income Study Center, which is based at CUNY. It turns out he’s going to be quite nicely compensated for his professorship. According to a freedom-of-information requestby Gawker, he’ll be paid $225,000 a year for the gig.

In the first year, the job won’t involve any teaching at all. CUNY’s words told him for the first year he’ll be “asked to contribute to the buildup of [the Luxembourg Income Study Center] and our inequality project…

That’s right. $225,000 per year for a part time job to study “inequality.”

These people have no sense of irony, do they?

Full story here.

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