A Rare Case of Voluntary 'Salary Restraint'

What Theodore Dalrymple was talking about (see 5 posts ago) seems not to have disappeared entirely, though this story stars a historian.

"Quentin Skinner stepped down as Regius professor of modern history at the University of Cambridge this year at the age of 67.... Alison Richard, vice-chancellor of Cambridge, offered to keep Professor Skinner on at the history faculty's expense. But Professor Skinner said that, although he would have liked to stay after almost half a century at the university, he was "too expensive" and the faculty would be better served by employing two younger members of staff at the same cost...."