This lecture discusses the 19th-20th century philosopher and psychologist, William James, and focuses his set of lectures, "Pragmatism: A New Name for Some Old Ways of Thinking", specifically on lecture 2, "What Pragmatism Means", and discusses how new opinions are entertained and then assimilated into the matrix of the older beliefs that we hold as true. Generally the new ideas or experiences are not accepted wholesale, but rather end up being adjusted to fit in with as many of the older truths as we can retain.

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