Tulane University - Jambalaya Yearbook (New Orleans, LA)

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Academics . . . An Investment with Interest The faculty of the Newcomb physical education depart- ment encourages all students to become involved in the many activities offered — a diverse variety ranging from exercise and conditioning classes to a dance company. The department ' s goals include serving students and teaching skills, techniques and knowledge which will offer lifetime enjoyment and physical fitness. Such facilities as a gym, pool, weight room and dance studio are available for use by Newcomb and Tulane students. Elizabeth Delery, chairwo- man of the department, wo rks to sustain the high standard of physical fitness desirable in the RE. classrooms. Pictured at bottom from left to right are Richard Frick, Tom Brudeau, Linda Franke, Denise Jacobson, Evane Charles, and Tim Meant. The environment that dorm life provides is attributable to these people, the residence life staff. They insure your enjoyment as well as safety while experiencing the distinctively original living in residence halls. V K .-.-

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.Ni fv% File photo Academics is a thorough investment. It seems obvious that the largest investment made is by the students: money, time and energy are entrusingly put forth and expended in order to obtain a most prized possession — a degree. To achieve this, students find they have to abound with energy to survive the academic demands. There never seems to be enough time. Attempting to read all the as- signed chapters . . . denying hours of sleep to squeeze in some early morning study hours . . . extracurricular activi- ties deleting free time . . . fighting nods during endless lectures . . . running on a wild goose chase through the library trying to find that last book to complete a research project . . . attempting to be jovial after a sleepless night of study. It all appears quite costly, even for an education. But do not let this arouse the martyr in you. Other invest- ments are provided on behalf of your education too. Faculty and staff are chosen for the unique insights they can offer in their respective fields. To be a faculty member, one is required to engage in research. Often new leads and break- throughs are made in such areas as medicine, engineering and science. Not only does this aid in solving world-wide problems but it also upgrades the reputation of our school as well as the regard of our graduates. This is only achieved through the continuously painstaking and enterprising work of our faculty. The staff, including those who work in the president ' s office to the employees at Bruff, has chosen Tulane as their working establishment. Just as the students ' incentive is their diploma, the staff also has incentives which compel them to uphold the high ideals which have been tradition- ally set before them. As we look around and observe the outcome, we can see that the accumulated interest from the investments is ex- ceedingly profitable. — Marcey Dolgoff r w Larni Bhclc 4 ' . uuiimui.li. ! I nij,m.imuu»„.» Paul Barrclson 14 academics

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The Murphy Institute The Murphy Institute exists to help students and faculty understand political and economic problen s we all face and think about as citizens. More importantly it exists to help us see why and how these problems have come to be so closely interrelated. The unprecedented economic changes of our time, to- gether with our deeply troubled political history, make us ask how economic activities and institutions have interact- ed with political forces to shape people ' s lives. Some of the questions that concern us are high on the current public agenda. What is the proper role of government in economic affairs? How has the growth of largescale private business enterprise affected the workings of democratic societies? Can we create public orders that are both politically just and economically efficient? Other issues not so high on policy makers ' agenda, yet equally important: the role of cultural values in shaping the interaction of political and economic processes, the morality of market socieites, the effect of legal institutions in determining the division of economic resources, the character and impact of national- ism. Many of these problems are not new. The close interrela- tionship of politics and economics was recognized by the first self-avowed political economists of the eighteenth century, including Adam Smith. In recent decades, howev- er, the complexities of these quesitons have prompted the . development of new fields of research and new modes of analysis. All of this calls for giving teachers and students alike new perspectives in their study of politics and eco- nomics. The Murphy Institute was established in 1980 to help meet these needs. It supports an interdisciplinary under- graduate program in political economy which brings to- gether economists, political scientists, historians, philos- ophers, and sociologists, all committed to transcending the traditional boundaries of their disciplines in a common search for new insights and new ways of studying the interrelations of politics and economics. To enrich Tulane ' s undergraduate program in political economy, the Murphy Institute hosts lectures and seminars by prominent visiting scholars and public figures. It also brings to Tulane for one semester each year the Murphy Institute Distinguished Visiting Professor, whose work is of common interest to students and faculty in the under- graduate program. The ultimate goal of the Murphy Institute and its various programs is to serve as forum where Tulane faculty and students will be free to question dogma and to develop the novel ways of thinking crucial to understanding the politi- cal and economic realities of our time. — The Institute Larry Block Professor Richard Teichgraeber, the Director of Murphy Institute, sits pensively at his desk con- templating our economic future. 16 the institute