Paul Krugman is retiring from Princeton at the end of academic year 2014-15, moving to Manhattan, and taking a job at CUNY.
He went to them to ask if they had room for him to be "affiliated" with the Luxembourg Income Study. CUNY - I can imagine the cheering and champagne corks popping when they heard from him - not only said yes, they offered him a teaching position.
I can also imagine the weeping and wailing, and the rending of sackcloth, at Princeton. Well, I wouldn't want to say goodbye to the world's highest-profile economist either.
As a native New Yorker, I daydream about retiring to NYC myself, although, unlike Dr. PK, I'm unlikely to be able to afford living in Manhattan. Whatever: congratulations to Dr. Krugman on this auspicious next step.