Economist Paul Krugman announced Friday that he is leaving Princeton University to take a faculty position at a public school, the City University of New York.
Krugman made the announcement on his New York Times blog. He said that the change would not affect his work at the Times.
The Nobel Prize winner said that he told Princeton that he’s retiring in June 2015, following the next academic year. In August 2015, he will move over to CUNY’s Graduate Center as a professor in the school’s economics Ph.D. program. He will also be a scholar at the Luxembourg Income Study Center.
Krugman had nothing but nice words for Princeton, but said that it is best for him to pursue his interests in New York. He noted, “...More and more of my work has focused on issues of income inequality, and nobody does more important work producing the hard data on which all of this work relies than the Luxembourg Income Study.”
According to Businessweek, Krugman has been at Princeton’s Department of Economics since 2000. The Ivy League college is in New Jersey. He earned the 2008 Nobel Memorial Prize in Economic Sciences.
Krugman also hinted that he likes the restaurants in New York more, although he added a strike through for each mention of restaurants.
image courtesy of Wikimedia Commons
