The City University of New York at their latest Board of Trustees meeting has confirmed Paul Krugman's appointment as a "Distinguished Professor" at their Luxemborg Income Study Center. Krugman's work in the field of "Income Study" brings him 225,000 United States Dollars annually including a special 28,594 United States Dollar "honorarium" as a "Distinguished Professor" for serving in this part time position which Krugman hold on top of his primary job as a New York Times columnist. CUNY, an institution funded by New York City taxpayers, will be funnelling Krugman, a noted socialist and fan of inflationary monetary policy, this supplementary bezzle income indefinitely into the future.