Archetypal Moocher: Paul Krugman?

Posted by plusaf 5 years, 4 months ago to Economics
7 comments | Share | Flag

Excerpt:
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 Graduate Center and its Luxembourg Income Study Center, a research arm devoted to studying income patterns and their effect on inequality.

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.)
SOURCE URL: http://www.popularresistance.org/income-inequality-institute-will-pay-paul-krugman-25000-per-month/


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by  $  ObjectiveAnalyst 5 years, 4 months ago
    Krugman is a real piece of work... you are correct Archetypal... Hypocritical...
    Reply | Mark as read | Best of... | Permalink  
    • Posted by khalling 5 years, 4 months ago
      they felt bad for him because as a highly influential "economist," giving advice on how to handle the country's monetary policy, among other highly important financial polices, recently went through personal bankruptcy. His explanation? NYT did not compensate him adequately for the "style of living" he was "required" to maintain. CUNY is part of the ruling class and protects their own, never, ever forget that.
      Reply | Mark as read | Parent | Best of... | Permalink  
  • Posted by  $  richrobinson 5 years, 4 months ago
    I believe Krugman was the one who suggested that in 2009 we should increase the debt to 25 trillion and spend the money all at once in order to stimulate the economy. He is nuts.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by SRS66East 5 years, 4 months ago
    Moocher for sure, Krugman is well known for changing his stance on economic policy depending on which party is in power. He is a joke. But then again he is a joke from NYC.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by 3 years, 10 months ago
    As I commented on that link site...

    So Krugie is willing to feed at the taxpayer-funded trough (obviously paid mostly by middle and lower-income taxpayers... TWENTY-FIVE FREAKING K$
    A MONTH to lecture about Wage Disparity!?

    For several decades, I've had NO respect for his ideas. This means I can also hold him in DIS-respect as a freaking human being! Such a hypocrite!

    Why doesn't he donate all that salary to The Poor?

    Ask him, ok? I'd just LOVE to hear his answer...

    He really makes me sick...
    Reply | Mark as read | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo