Tuesday, August 05, 2025

Our Intellectual Estate and Property

 With all these arts and pursuits of practical life, the intellectual business of thinking -- of such thinking at least as is common to most men -- and of communicating thought, has a sort of affinity and resemblance. For, unquestionably, it is one among the many problems of philosophy to establish a wise economy and prudent stewardship of that ever-shifting mass of incoming and outgoing thoughts which make up our intellectual estate and property. And this is the more necessary, the greater are the treasures of thought possessed by our age. For, in the highly rapid interchange of, and traffic in ideas, which is carrying on, the receipts and disbursements are not always duly balanced, There is much cause, therefore, to fear lest a thoughtless and lavish dissipation of the noblest mental endowments should become prevalent, or a false and baseless credit-system in thought spring up amidst an absolute deficiency of a solid and permanent capital safely invested in fundamental ideas and lasting truths. 

 Friedrich Schlegel, The Philosophy of Life, Lecture I.