Civilizing the Marketplace of IdeasRoundup: Historians' Take
tags: economic history, economics
Niall Ferguson is Professor of History at Harvard University. His latest book is The Great Degeneration: How Institutions Decay and Economies Die.
CAMBRIDGE – “When men have realized that time has upset many fighting faiths,” US Supreme Court Justice Oliver Wendell Holmes wrote in a famous dissenting opinion in 1919, “they may come to believe…that the ultimate good desired is better reached by free trade in ideas – that the best test of truth is the power of the thought to get itself accepted in the competition of the market, and that truth is the only ground upon which their wishes safely can be carried out.”
Like any market, however, the marketplace of ideas needs regulation: in particular, its participants should be bound by norms of honesty, humility, and civility. Moreover, every idea-trader should adhere to these principles....
comments powered by Disqus
- U.S. Planned for Military Occupation of Cuba
- New picture emerges of Mata Hari, who faced firing squad 100 years ago
- Massive section of Western Wall and Roman theater uncovered after 1,700 years
- Fight over national monuments intensifies
- Martin Luther: Reluctant reformer who rocked Christianity 500 years ago
- Historian Keri Leigh Merritt defends activist scholars
- Historian digs into the hidden world of Mormon finances
- A historian who became a business professor?
- Allan Lichtman's response to critics of his book that makes the case for Trump’s impeachment
- "Do We Have To Fight Nazis Again?” asks historian Paul Ortiz