Mr. Stiglitz, Is Hayek in the Room with Us?
Daniel Dennett, the renowned philosopher of science, proposed four steps for critiquing an intellectual opponent: First, one should attempt to re-express the opponent’s position so clearly, vividly, and fairly that the opponent would say, “Thanks, I wish I’d thought of putting it that way.” Second, one should list any points of agreement, particularly those that are not widely acknowledged. Third, one should highlight anything learned from the opponent. Only after completing these steps is one permitted to engage in rebuttal or criticism.