I. The term "value" needed, 444. — Value in the generic sense, as considered in the recent literature of philosophy, 446. — II. Economic value; consumption and acquisition, 451. — Interests and judgments, 452. — Measurement of interests, 454. — Alternative uses and exchanges, 460. — Price, 462. — III. The social value theory, 466. — The "social mind, " 467. — Criticism of arguments for social value, 469. — IV. The economic moral standard, 476. — V. The higher moral standard, 480.