 Moreover, according to Guala, the view that institutions are mind-dependent (Searle 2010: 17–18) is inconsistent with the existence of mistaken beliefs about institutions on the part of participants in those institutions. Guala is certainly right to claim that there are such mistaken beliefs, e.g. everyone might falsely believe that their worthless devalued currency was money. What of his argument that some advocates of the mind-dependence of institutions are necessarily committed to infallibilism—and, specifically, to the false claim that institutional participants cannot be mistaken about their institutions? Guala states that infallibilism about social kinds (e.g. we cannot be wrong about whether a piece of paper is money or not) and anti-realism (e.g. a piece of paper is money if we collectively accept that it is) go together and do so “because their opposites—realism and fallibilism are tightly connected” (Guala 2016:151). If objects exist independently of our representations of them (realism) then our representations can be mistaken (fallibilism). On the other hand, if objects ontologically depend on our representations of them (anti-realism)—and, in particular, our collective beliefs about them—then we cannot be mistaken about them (infallibilism). 