Quote by William James

Truth lives, in fact, for the most part on a credit system. Our thoughts and beliefs pass, so long as nothing challenges them, just as bank-notes pass so long as nobody refuses them.


Truth lives, in fact, for the most part on a credit system.

Summary

This quote highlights the idea that the truth of our thoughts and beliefs often relies on how well they are accepted by others. It compares truth to a credit system, suggesting that truth only holds value as long as it goes unchallenged and is unquestioningly accepted by society. Similarly, bank-notes are valuable only as long as they are universally accepted. The quote implies that truth can be subjective and contingent on social acceptance rather than being absolute and objective.

By William James
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