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>Is a position as a lecture of Economics at Harvard Before I answer, are you seriously arguing that taking a job as a professor is the same as getting paid 1 m

• mywittyname 6y ago
  If they were given the job because of their position in the government, why does it matter if the job is as a professor, author, talking head, or executive? It's all "profiting from the position." The debate seems to be over the price. $700k / yr from lecturing to hedge funds is bad but $150k / yr to do the same at Harvard is good?
  • treis 6y ago
    (1) She is qualified to be a professor at Harvard even if you exclude her work in public service. (2) Her salary is in line with others in her position and is given in exchange for doing actual work. (3) Harvard is not in a position to directly profit from potentially privileged information leaking out in her lectures to students (4) Harvard is not in a position to directly benefit from Yellen influencing current government regulators/policy makers (5) Harvard is not in a position to directly benefit from Yellen taking a subsequent regulatory/policy position in government
    • ModernMech 6y ago
      > Harvard is not in a position to directly benefit/profit... They don't? Harvard's $40 billion endowment is larger than Citadel's assets managed. Harvard is a hedge fund that does education as a side hustle.