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
- Dr. Saad Eskander's forced departure from Iraq's National Library and Archives deplored
- Nancy Cott selected as the next President-Elect of the Organization of American Historians
- Scholar calls ISIS destruction of antiquities an example of ethnic cleansing
- Historian Qingjia Edward Wang never thought he would one day write a book about chopsticks.
- Bernard Bailyn’s influence on the profession is hailed in the WSJ