Associate Professor of Finance at TCD, Dr. Brian Lucey, was on Nightly News with Vincent Browne (TV3) tonight saying he would not mind taking a pay cut as he’s a very well paid public sector worker and can afford to do so. Of course he also thinks others should follow his lead.

I imagine it might be a bit frosty in Senior Common Room tomorrow as he takes his coffee. Some of the more lowly or maybe that should be less onscreen academics might have a bone or two to pick. And others might point to media appearance fees and column remittances that Dr. Lucey may be earning as a result of the bank crisis that make it ok for him to take a cut.

Is there an appetite for pay cuts in Irish academia I have not yet heard about?