A quote from the article:

Derek Bok, a former president of Harvard and the author of several books on higher education, argues, “The humanities has a lot to contribute to the preparation of students for their vocational lives.” He said he was referring not only to writing and analytical skills but also to the type of ethical issues raised by new technology like stem-cell research. But he added: “There’s a lot more to a liberal education than improving the economy. I think that is one of the worst mistakes that policy makers often make — not being able to see beyond that.”