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
That's nothing compared to what he will cost them in GDP. (rim shot)
ReplyDelete