Audite et alteram partem

Over the front door of the late-medieval city hall in the Dutch city of Gouda is the motto of the first modern economy, the first large society in which commerce and innovation instead of state regulation and social status were honored. It says, Audite et alteram partem—Listen even to the other side. It’s good advice for a society of the bourgeoisie, and for a classroom for students of philosophy.

by Deirdre McCloskey, from Review of Michael J. Sandel’s What Money Can’t Buy:
The Moral Limit of Markets

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