That's a lot of Bi Bim Bop!

Kudos to Thomas Sargent for landing a two year position at Seoul National University for an estimated $1,250,000 per year.

Economists can pull down 7 figures in total compensation when you figure in consulting and speech-giving on top of the academic salary, but this is the biggest salary+"research funds" number that I'm aware of in economics.

Trickle down, baby. Trickle down.

Hat tip to Daniel Lin