This article on Workplace Blog caught my eye. I found it almost oddly encouraging:
New York Post: PROF'S RECORD 142G PAY HIKE
June 4, 2007 -- THE State University has secretly granted the largest pay raise in public payroll history - an eye-popping $141,995-a-year - to a little-known, Ferrari-driving professor who is already the highest-paid official in New York, The Post has learned.
It was revealed earlier that Dr. Alain Kaloyeros, the head of SUNY's state-of-the-art College of Nanoscale Science and Technology in Albany, was earning $525,000-a-year.
Then last week, SUNY officials - without any notice to the public - granted Kaloyeros, 51, the unprecedented raise, bringing his annual state salary to $666,995.
Gov. Spitzer, by contrast, is paid $179,000 a year.
A state where scholars are the highest paid employees and professors and school teachers all drive Ferraris is one I could happily endorse.
Sadly, in this case it's not some hard working Proust scholar who is the recipient of this largess, but the head of a high-tech, grant-getting, public-private, computer-chip manufacturing research consortium with Department of Defense ties aplenty.
This doesn't really match the scenario I've envisioned for philosopher kings, although the salary is about right.