2A - Thursday, January 31, 2008 MONDAY: In Other Ivory Towers The Michigan Daily - michigandaily.com 4 TUESDAY: Arbor Anecdotes WEDNESDAY: The Extremist CJiie fidcign Daij 420 Maynard St. Ann Arbor, MI 48109-1327 www.michigandaily.com KARL STAMPFL DAVID GOH Editor in Chief Business Manager 734-647-3336 734-764-0558 stampfl@miehigandaily.com goh@michigandaily.com I Supply and demand in the classroom A first-rate education is priceless, but maintaining some of the nation's best and brightest faculty comes with a hefty cost. Last year the University set aside $245 million - almost 20 percent of its general fund expendi- tures - for professors' salaries. This figure probably doesn't match the value that most students would place on their education, but it also doesn't explain why, according to some faculty salaries, the University values certain departments more than oth- ers. Last year, the salary for a pro- fessor of political science averaged $148,645.44 while the average history professor made only $118,484.77. Associate Provost Philip Hanlon said these disparities aren't because of the overall quality of individual departments, but are a reflection of the job market associated with vari- ous disciplines. Like any other industry, Hanlon said, the laws of supply and demand largely determine the market for fac- ulty. Citing Harvard University, Princ- eton University and Duke University as three of the University's top com- petitors, Hanlon said the University is in constant competition to recruit and retain the country's top professors. "These elite private universities have resources and huge endowments that they can bring to bear," he said. For many disciplines, however, competition is not limited to the world of academia. In areas like business or economics, the University faces the additional challenge of matching salaries offered by the government or private sector. With the average pro- fessor earning $215,022.84 in the Ross School of Business and $189,124.60 in the Department of Economics, the price tag associated with this corpo- rate competition is real. Though market structure large- ly explains why professors in high demand earn more than others, salary differences within departments point to the quality of individual work. Every school or college at the Uni- versity receives a budget based on the tuition revenue it generates, but it is up to the dean of that school or col- lege to decide which faculty members deserve more pay than others. Each dean uses a slightly different process, but pay increases are generally indica- tive of how well individual faculty member has performed. Despite these differences, Hanlon said the University has been success- ful in retaining its faculty over the years. "The excellence of our faculty, like the excellence of our students, is what makes us a great University," he said. LINDYSTEVENS CONTACT INFORMATION Newsroom News Tips Corrections Letterstothe Editor Photography Department Arts Section Editorial Page Sports Section Display Sales Classified Sales Online Sales Officehours:Sun.-Thurs.11Ia.m. -2am newsvgoicigd,ily.com covrvvi,,ns vichoodoity.com totedoilsvm ihigoo daily. com onpoor@m ic55'o,,doity.com artporg,@,oivci0'daity.com sotsife@,ichigandoily.com ooassified,9oivtigoodoity.vom LSA junior Sarah Kukaku (left) and LSAfreshman Afshan Khan (right) sample Cajun food at Hillel's Taste of New Orleans event yesterday. The dinner was a fundraiser for an Alternative Spring Break trip tothe Gulf Coast. CRIME NOTES Keyboards, mice Man in bathroom swiped from lab has run-in with CAMPUS EVENTS & NOTES WHERE: Mary Markley Resi- dence Hall WHEN: Tuesday at about 10:30 a.m. WHAT: Three computer key- boards and four computer mice were stolen from the dorm's computing site sometime on Monday or Tuesday, the Depart- ment of Public Safety reported. Student's money stolen during hoops game WHERE: Central Campus Rec- reation Building WHEN: Tuesday at about 10 p.m. WHAT: A male student report- ed that his wallet was stolen while he was playing basketball, DPS reported. The wallet con- tamed cash and credit cards. Peeping Tom WHERE: Mason Hall WHEN: Wednesday at about 10 pm. WHAT: A man called to report that a man about 18 or 19 years old stood outside his bathroom stall last week while peeking inside and masturbating, DPS reported. The case is under investigation. Student injured during rehearsal WHERE: Power Center WHEN: Tuesday at about 9:50 p.m. WHAT: A female student aggra- vated an existing back condition during a rehearsal, DPS report- ed. She was taken by ambulance to University Hospital for treat- ment. Engineering career expo WHAT: A fair for engineer- ing students to network with recruiters, with between 80 and 90 companies expected to send representatives WHO: The Career Center WHEN: Today from 10 a.m. to 3 p.m. WHERE: Crisler Center and the Duderstadt Center Sustainable living fair WHAT: A fair with informa- tion and exhibits on green technology and products from more than 30 student groups, community organi- zations and local businesses WHO: Focus the Nation WHEN: Today from 2 p.m. to 6 p.m. WHERE: Ballroom, Michi- gan Union Michigan Idol tryouts WHAT: Open tryouts for the Michigan Idol singing competition, modeled after American Idol. The top prize in the competition is $500. WHO: University Unions Arts & Programs WHEN: Today at 9 p.m. WHERE: Underground, Michigan League CORRECTIONS . An article on the front page of yesterday's edition of the Daily (In close vote, MSA decides against sendingProp. 2 e-mail) said Michigan Stu- dent Assembly Rep. Ashley Schwedt voted in favor of a resolution to send a mass e- mail about an upcoming law- suits challenging Proposal 2. Schwedt voted against the resolution. * Please report any error in the Daily to corrections@ michigandaily.com. A California company has doubled the flight time for a personal jet pack, log- ging a 75-second flight, FOX News reported. The public can purchase Thunderbolt Aero- systems's latest jet pack, the TP-R2G2, beginning in August for $98,000. Before tonight's men's basketball game against Minnesota, the Univer- sity will commemorate Crisler Arena's 40th anniversary. >FOR MORE, SEE PAGE 5A A small Vermont town is receiving hate mail because residents are cir- culating a petition to issue an arrest warrant for President Bush and Vice President Dick Cheney for crimes against the Constitution, The Associated Press reported. The measure will appear on a town-wide ballot March 4. Finance finance@michigandaity.com EDITORIAL STAFF Jeffrey Bloomer ManagingEditor bloomer@michigandaily.com Andrew Grossman Managing News Editorgrossan@michigandaiy.com NEWS EDITORS: Kelly Fraser, Chris Herring, Dave Mekelburg, Gabe Nelson Imran Syed EditorialPage Editor syed@michigandaily.com ASSOCIATEEDITORIAL AGE EDITORS: Gary Graca, ASSISTANT EDITORS: Kevin Bunkley, Rachel Wagner Scott Bell Managing Sports Editor bell@michigandaily.com SENIOR SPORTS EDITORS: H. Jose Bosch, Dan Bromwich, N',, Sandals, Jack erm0,,Kevi0,Wr0g00 ORTSv NIGHT gEDIvon.:MikeEienst, ,Dan Feldman, Mark Giannotto,, Courtney Ratkowiak, Ian Robinson, Andy Reid AndenSargusKlein MnagingArtsaior Hkin@michigandaily.com ARTS SUB EDITORS: Abigail 1. Colodner, Chris Gaerig, Michael Passman, Paul Tassi AngelaCesere Managing PhotoEditor cesere@michigandaily.com Peter Schottenfels Managing Photo Editor schottenfels@michigandaily.com ASSOCIATE PHOTO EDITORS: Rodrigo Gaya, net)Simon ASSISTANT PHOTO EDITORS: Jeremy Cho, Zachary Meisner, Emma Nola n-Abrahamian BridgetlO'Donnell Managing Design Editor odonnell@mtichigandaily.com ASSOCIATE DESIGN EDI'TORS: Allison Ghaman Angela Cesere Managing Online Editor cesere@michigandaily.com ASSOCIATE ONLINE EDITORS: Tom Haaynes Anne VanderMey Magazine Editor vandermey@michigandaily.com ASSISTANT EDITOR: Jessica Vosgerebian Peter Schottenfels MultimediaEditor schottenfels@michigandaily.com Katherine Mitchell copy chief mitchell@michigandaily.com PaulJohnson Public Editor publiceditor@umich.edu BUSINESS STAFF David Dai visplayvAdvertisingsales Manager DISPLAY ADVERTISING SPECIAL PROJECTS MANAGER: Charles Hsieh DISPLAY ADVERTISING ASSISTANT MANAGER: Michael Schrotenboer David Reile Classified Sales Manager Classified Sales Assistant Manager: Elaina Bughi Hailey Swartz online Sales Manager Rob Abb Layout Manager Chelsea Hoard Production Manager Margaret Lim Finance Manager FINANCE ASSISTANT MANAGER:DanielvCheung The Michigan Daily(ISSN 0745-967)is pubished Monday through Friday duringthe fa and winter terms by students at the University of Michigan One copyis avalable free of charge toalreaders. Septme, vi.SImaiane$10 netem(Jnuar>thro spil yerloeg(ptebie, through April) is $19. University affiliates are subect to a reduced subscription rate. On-campus subscriptionsfor a tltermare$35.Subscriptionsmust beprepaid.TheMichiganOaly isamembero The Associated Pressand The Associated Collegiate Press. L 1 Can we impact climate change? Yes. Find out how. TODAY! Environmental Fair 2-6 pm, Union Ballroom Eating, Voting, Cleaning, and Buying for a Healthy Planet! Booths featuring Zipcar, Earthworks Garden, Better Living Using Engineering, Silvio's Pizza, U-M Recycling Center, and More! Free Food, Music, and Prizes! Climate Change Panel Discussion 8-10 pm, Rackham Auditorium Ask questions of leaders in government, business, and academia! Ann Arbor Mayor John Hieftje, Climate Scientist Natalia Andronova, former CEO of BP America Steve Percy, Reps. Rebekah Warren, Alma Smith, and Pam Byrnes, Environmental Lawyer David Uhlmann, Cleantech Network's Lauren Bigelow, Engineering Prof. Gary Was! sitemaker-umich.edulfocusthenation Sponsors: U-M Schoolof Natural Resources and Environment, Student Affairs Programming Council, The Ginsberg Center, Michigan StudentAssembly, Environmentallssues Commission, Environmental JusticeInitiative, College Democrats Search for jobs with a Michigan connection, network with friendly alumni and meet other students through inCircle, our social networking site for Wolverines. Check it out-it's just like a Michigan version of Facebook or MySpace! Not only is it uniquely Michigan, but it's free-brought to you by the Alumni Association. Visit www.umalumni.com for more information. ALUMNIASSOCIATION UNIVERSITY OF MICHIGAN Uniting the Leaders and Best 0*