Taxpayer Funded College to Pay Paul Krugman $225K to Promote Income Inequality


Income inequality is a terrible thing. That’s why New York Times ranter Paul Krugman will generously accept $225,000 a year to occasionally mention what a terrible thing it is… from a taxpayer funded public university.

That’s how much he cares about the poor.

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.

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.”

You will not be expected to teach or supervise students,” the letter informs Professor Krugman.

Income inequality is great… for the left which can dine out for years on it.

“Perhaps I’m being premature or forward,” the Graduate Center’s President, Chase Robinson, tells Krugman in one of them, “but I wanted you to have no doubt that we can provide not just a platform for public interventions and a stimulating academic community­—especially, as you will know, because of our investments in the study of inequality—but also a relatively comfortable perch.”

Nothing says income inequality like a comfortable perch.

This is plantation politics. Get a six figure job agitating against income inequality at the expense of people who make a fraction of what you do.

Meanwhile 46% of CUNY’s huge budget comes from working New Yorkers.

  • Marc Solomon

    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.”

    No. Theyre paying him to bloviate about the beauty of socialism.

    • Daniel Greenfield

      … under which any fighter against income inequality can get a 225K gig to lecture about how wrong it is to have income inequality

  • Habbgun

    Talk about an occupier. The way CUNY treated NY’ers after 9/11 and this just means this “institution” has to go. They can only justify themselves by pointing to the few grads who went on to celebrity status but don’t live in NYC. CUNY doesn’t even try to justify itself by saying it brings jobs or graduates who create jobs. It wants to be celebrated for sucking money.

  • mendezjb

    Should “pay $225,000″ and “play a modest role” ever go hand in hand on an offer letter?

    That’s good stuff!

    • Daniel Greenfield

      it’s good to be a leftist plantation owner

  • Gee

    I thought that the world might have learned from the Cold War about “Income inequality”. This was a common theme from the Communist Party in the USSR.

    We saw all the lines for basic foods that created.

    “Income inequality” is not the problem – having a job to get enough to eat is the problem – so where is my $225,000?

  • SoCalMike

    The most equal places in terms of income, clothing and living standards during the 20th century were also the most oppressive and poor.
    Stop worshiping the false equality god already.
    Culturally speaking inequality is far superior.

  • A Z

    By taking $225k for make work Krugman is creating income inequality and mis-allocating economic resources.

    But he doesn’t care. He is laughing all the way to the bank!

  • Hard Little Machine

    $225k/yr is barely a working wage to afford living in Manhattan.