Thomas Henry Huxley sees through the Economic Emperor’s clothes

    Here is what Huxley said:

There is a well-worn adage that those who set out upon a great enterprise would do well to count the cost. I am not sure that this is always true. I think that some of the very greatest enterprises in this world have been carried out successfully simply because the people who undertook them did not count the cost; and I am much of the opinion that, in this very case, the most instructive consideration for us is the cost of doing nothing. (Quoted in The Life of the Creative Spirit, p. 305.)

    The Art Institute of Chicago is one of the very greatest enterprises in the world. Those running it treat economics in the least meaning of the word.
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    For a brief biography of Thomas Henry Huxley, click here.