Income inequality is a booming field. Just ask Elizabeth Warren or Bernie Sanders. Or Robert Reich.
University of North Carolina School of Law's Professor Gene Nichol is a real opponent of income inequality. That's why he gets paid $205,400 to teach one class, plus more to run the Poverty Center at the school.
Nichol's noble opposition to income inequality puts him in a class with other great academic class warriors like Elizabeth Warren, who was paid $350,000 by Harvard Law to teach a single course and Clinton’s former Labor Secretary turned inequality campaigner Robert Reich who pulls in $235,791 a year from a public university at UC-Berkeley to teach a course on “Wealth and Poverty” making him one of the highest paid state employees.
But income inequality research is really booming at UC Berkeley.
Several UC Berkeley economics professors who support “income inequality” research each earn more than $300,000 a year, putting them in the top 2 percent of the public university’s salary distribution, according to a recent report by a nonpartisan California think tank.
The report pointed out that the prominent scholars leading or advising the Cal Berkeley Center for Equitable Growth are richly compensated as professors, even as the center seeks to research ways to create economic growth that is “fairly shared,” the center’s website states.
Socialists never seem to think that their own wealth needs redistributing.