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 Idiotic Income Inequality Institute (IIII) Will Pay Paul Krugman $25,000 Per Month

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Idiotic Income Inequality Institute (IIII) Will Pay Paul Krugman $25,000 Per Month Vide
PostSubject: Idiotic Income Inequality Institute (IIII) Will Pay Paul Krugman $25,000 Per Month   Idiotic Income Inequality Institute (IIII) Will Pay Paul Krugman $25,000 Per Month Icon_minitimeMon Apr 21, 2014 7:46 pm
In late February, the City University of New York announced that it had tapped Princeton economist and New York Times blogger Paul Krugman for a distinguished professorship at CUNY’s Luxembourg Income Study Center, a research arm devoted to studying income patterns and their effect on inequality.

Idiotic Income Inequality Institute (IIII) Will Pay Paul Krugman $25,000 Per Month X6kowps4hfawclsloau3

About that. According to a formal offer letter obtained under New York’s Freedom of Information Law, CUNY intends to pay Krugman $225,000, or $25,000 per month (over two semesters), to “play a modest role in our public events” and “contribute to the build-up” of a new “inequality initiative.” It is not clear, and neither CUNY nor Krugman was able to explain, what “contribute to the build-up” entails.

It’s certainly not teaching. “You will not be expected to teach or supervise students,” the letter informs Professor Krugman, who replies: “I admit that I had to read it several times to be clear ... it’s remarkably generous.” (After his first year, Krugman will be required to host a single seminar.)

http://gawker.com/income-inequality-institute-will-pay-paul-krugman-25-0-1563245534
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