Is Paul Krugman Leaving Princeton In Quiet Disgrace?

Forbes ^ | 07/14/2014 | Ralph Benko

[SeekAndFind]

And of course, the liberal SLATE tells us that his $225,000 is a bargain rate and that he’s actually making some sort of “sacrifice”.

Here’s what they say:

http://www.slate.com/articles/news_and_politics/politics/2014/04/paul_krugman_offered_225_000_salary_that_s_a_bargain_rate.html

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Not only should he have had no compunction about accepting CUNY’s offer—he would have been entirely justified in asking for more. And doing so should have no bearing on his credibility as a scourge of rising inequality.

When Krugman announced he was leaving Princeton to join the CUNY faculty back in February, it was a big deal. Princeton, one of the country’s most storied, selective, and elite private research universities, was losing its most celebrated social scientist to a public institution that prided itself on its inclusiveness and its democratic spirit. Krugman emphasized that though he’d very much appreciated his time at Princeton, he was attracted by the opportunity to devote more time and effort to the study of income inequality.

To that end, he sought an affiliation with the Luxembourg Income Study, a think tank that gathers and analyzes data on income, wealth, and employment from a number of countries to draw meaningful cross-national comparisons. It just so happens that the LIS is led by Janet Gornick, a professor of political science and sociology at the Graduate Center. One thing led to another, and Krugman wound up with not just a LIS affiliation, but also with a faculty position at the Graduate Center.

[Southack]

Krugman inherited a ~~ $600+ million fortune. The odds are that he gave an endowment to CUNY from which his endowment “pays” his CUNY salary.

Krugman can easily buy a job that gives him a podium to pontificate.

He is the poster boy for studying income inequality!

*among other things...

[haroldeveryman]

“... moving from Princeton to CUNY is actually a promotion...”

Whilr they’re at it, how about convincing the powers that be to redress past wrongs by having Krugman trade in his Nobel prize in Economics in exchange for the Nobel Peace Prize?

[SeekAndFind]

RE: Krugman inherited a ~~ $600+ million fortune

Now that’s news to me... what is the source for this info?

[SeekAndFind]

RE: trade in his Nobel prize in Economics in exchange for the Nobel Peace Prize?

Peace Prize for doing what?

[Political Junkie Too]

Krugman's Nobel Prize came on the tails of Obama's Nobel Prize.

I think even the Nobel committee is regretting their dip into political correctness in giving out these two "awards."

-PJ

[Southack]

Rick Perlstein

[SeekAndFind]

RE: I think even the Nobel committee is regretting their dip into political correctness in giving out these two "awards."

They gave Al Gore the Nobel Peace Prize for his global warming power points and ignored the saintly and much more well deserving Polish woman IRENA SENDLER .

[glennaro]

At least he’s not going to CUNY as an English professor ... that is, a linguist (sorry, just couldn’t resist the pun!)

[kevkrom]

Is Paul Krugman Leaving Princeton In Quiet Disgrace?

I hope not, that would be a shame.

He should forced to leave Princeton in loud, public disgrace.

[JimRed]

“He’s been a valued member of our faculty and we appreciate his 14 years at Princeton.”

Translation: Students who took his course paid us a lot of money; we only paid him a little of it. That's value!

[edwinland]

I clicked through the link to the “Krugtron the Invincible” series and it is stunning!! Fantastic writing and devastating impact. It’s in three parts and it is well worth reading all three:

http://www.huffingtonpost.com/niall-ferguson/paul-krugman-euro_b_4060733.html

http://www.huffingtonpost.com/niall-ferguson/paul-krugman-housing-crisis_b_4067580.html

http://www.huffingtonpost.com/niall-ferguson/krugtron-the-invincible-p_b_4073956.html

He repeatedly nails Krugman on the central issue that I have with him and with just about anyone in Obama’s camp:

“But the fact that Paul Krugman is often wrong is not the most important thing. It is his utter disregard for the norms of civility that is crucial here. I am not alone in being dismayed by Krugman’s “spectacularly uncivil behavior”. It is “my duty, as I see it, is to make my case as best I honestly can,” Krugman has written, “not [to] put on a decorous show of civilized discussion.” Well, I am here to tell him that “civilized discussion” matters. It matters because vitriolic language of the sort he uses is a key part of what is wrong with America today.”

[OldNewYork]

How did the truth become funnier than the best comedians? An idiotic ideologue paid $225,000 to study income inequality.

[KosmicKitty]

Having spent a part of last week reading Niall Ferguson’s “The War of the World”, I wish I had been more up-to-date on his b****-slapping Krugman.

I still believe that at 5’1” and being an grandma - I cold have Krugman crying like a little girl in 5 minute. The guy is a total loser.

Oh, those tears are so sweet.

[haroldeveryman]

“Peace Prize for doing what?”

For breathing. The Nobel Peace Prize is usually reserved for worthless celebrities like Jimmy Carter, Al Gore, Barak Obama and the United Nations; or for Kumbaya moments like Yasser Arafat and Menachem Begin.

An unfortunate insult occurred when they awarded the Nobel Peace Prize to Norman Borlaug, who single handedly saved the third world from starvation with his development of disease resistant hybrid grains. He should have gotten a real one like Chemistry, Physics, Skeet Shooting, ...anything but the Peace Prize for Chrissake.