Has the "epistemology project" failed? I tell students that you cannot make any knowledge claims without begging the question, falling prey to the problem of the criterion, or getting stuck on an infinite regress. The only way of escape is to make dogmatic assumptions regarding basic beliefs, coherence, and corrsepondences about reality...I still enjoy the study of logic and epistemology but acknowledge its limitations and flaws. As philosophers I am sure you're not willing to dismiss epistemology this quickly.
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