Paul Krugman could receive $25,000 per month for income inequality initiative

New York Times author and liberal economist Paul Krugman has been offered a position as a distinguished scholar for a nine-month stint at the City University of New York's Luxembourg Income Study Center, which researches income inequality.

Krugman has also been nominated to become a distinguished professor for LIS, which would bring with it a hefty $225,000 salary.

That means that Krugman, while working to research income inequality, will earn nearly five times the median household income of residents of New York City -- for nine month's work.

In addition to the lavish salary that most of us 99-percenters could only dream of, Krugman was also offered an additional $10,000 for research and travel, up to $10,000 for moving expenses and his own graduate assistant or two.

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