Humanities and Economics

Economist and former dean at Princeton Christina Paxson has written an interesting article for the New Republic, “The Economic Case for Saving the Humanities.” Therein she asks if the humanities are “worth it” economically and argues that

support for the humanities is more than worth it. It is essential. . . . It is really important we get this right. A mountain of empirical evidence indicates a growing inequality in our society. There is no better way to check this trend than to invest in education. And there is no better way to invest in education than to invest fairly, giving attention to all disciplines and short shrift to none.

Even though many of us may take Paxson’s argument wholly for granted already–that those of us who think about the issue a bit realize that of course the humanities have significant bearing on economics–the threats to the humanities largely boil down to their perceived lack of economic viability. If this perception can be combated, we may see other criticisms fall away.

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