Civilizing the Marketplace of Ideastags: 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
- Priests race to save manuscripts from jihadists in Iraq
- Where Mud Is Archaeological Gold, Russian History Grew on Trees
- Conflict Uncovers a Ukrainian Identity Crisis Over Deep Russian Roots
- Heirs Claim Bank Made Off with Nazi-Looted Art
- Add the University of Virginia to the list of universities actively confronting their association with slavery
- Stanley Kutler’s book on Nixon Watergate abuses has been turned into a show on the web
- China bans books by pro-Hong Kong historian who retired from Princeton
- Fordham Historian Lambasts ‘Shabby Treatment’ In Row Over Israel Boycott, Vows to Continue Fighting Anti-Semitism
- George Mason's digital history program is 20 years old -- and celebrating
- Watergate researchers can now see the materials — including tapes — Len Colodny used in writing "Silent Coup"