General Theory of Value: Its Meaning and Basic Principles Construed in Terms of Interest

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General Theory of Value: Its Meaning and Basic Principles Construed in Terms of Interest

Written by Ralph Barton Perry
4.85 46,726 ratings
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GENERAL THEORY OF VALUE ITS MEANING AND BASIC PRINCIPLES CONSTRUED IN TERMS OF INTEREST BY RALPH BARTON PERRY EDGAR PIERCE PROFESSOR OK PHILOSOPHY, EMERITUS HARVARD UNIVERSITY CAMBRIDGE, MASSACHUSETTS HARVARD UNIVERSITY PRESS 1950 COPYRIGHT, 1926, BY THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE PRINTED IN THE UNITED STATES OF AMERICA LONDON GEOFFREY CUMBERLEGE OXFORD UNIVERSITY PRESS DEDICATED TO W. B. C.. AND C. J. C. PREFACE There are two kinds of philosophy that which cuts the Gordian knot, and that which attempts to untie it. The pres ent book aims to exemplify the latter rather than the former method, and if it should prove tedious, that fault will be due in part, at least, to the fact that untying is a less swift and dramatic performance than a blow of the sword. The philosophical method with which I should like to associate myself aims, furthermore, to bridge the gap between common-sense and science by refining the former, and by extending the latter. The results are not likely to recommend themselves either to common-sense or to science, being too technical to please the one and not sufficiently technical to please the other. The range of the present topic is so broad as to touch almost every popular conviction and overlap al most every province of science. Believing that philosophy must face the facts of life and nature, taking them as both the point of departure and the touchstone of truth, I am perpetually haunted by the accusing presence of some expert who possesses in this or that special field a mastery which I can never attain. I have escaped some blunders through the friendly assistance of my colleagues Professor Walter B. Cannon and Professor Clarence I. Lewis. It wouldhave taken an army of friends to have rid a book such as this of all blunders. But I know of no safe and prudent course for one who would be both an empiricist and a philosopher. He must run the risk of inaccuracy, or even court it, for the sake of that comprehensiveness of view, that tracing of connections and of contours, which is the only contribution to human wisdom which, as philosopher, he can hope to make. Even so, one can never be comprehensive enough. I realize that what I have here in some measure set in order VU viii PREFACE is adjoined on all sides by thickets abounding in monstrous doubts and difficulties. There are complications which I have not followed out, assumptions which I have not followed back, and afterthoughts which I can already anticipate. There are dawning ideas that one would feign take account of, new books that one would feign have read. Hence that weakness so common among authors, which leads them to express the pious hope not always shared by their readers that the present fragment will be completed in a future work, and there rounded into a perfect whole. Were it not for such a hope it is improbable that any philosophical work would reach the printer. For philosophy is never finished, it Is only suspended. The sequel of the present work has already received its title. It is to be called Realms of Value, and will deal with the varieties and types of that same value whose generic nature, whose meaning and basic principles, are herein set forth. Thus forewarned, but, I hope, not disheartened, my read ers are invited to join me in obeying the biblical injunction Whatsoever things are true, whatsoever things are honor able, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good report if there be any virtue, and if there be any praise, think on these things. RALPH BARTON PERRY CAMBRIDGE, MASSACHUSETTS February, 1926. CONTENTS PAGE CHAPTER I. THE PROBLEM AND ITS SCOPE i I. THE NEED FOR A GENERAL THEORY OF VALUE i i. Criticism versus Description I 2. The Special Sciences of Value 4 3. Miscellaneous Values of Every-day Life 9 II. THEORY OF VALUE IN RELATION TO MODERN TENDENCIES xi 4. Science Applied to Life II 5...

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Published March 15, 2007
ISBN 15440219
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Ralph Barton Perry
About the Author
Ralph Barton Perry

Ralph Barton Perry writes contemporary fiction and has always been fascinated by character-driven stories. They hold a degree in English Literature and previously worked as an editor before transitioning to writing their own books. Ralph Barton Perry lives with their spouse and a very vocal rescue cat.

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Sarah Smith October 26, 2024
Exceeded all my expectations. The prose is exquisite. It’s accessible yet undeniably sophisticated. An absolute must-read for connoisseurs of the genre.
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Exceeded all my expectations. The author orchestrated a breathtaking finale. Truly a work of art. I am now a lifelong fan of this author.
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A very strong entry. It held my rapt attention, even when certain twists were telegraphed. A wonderful companion for a quiet weekend.
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I was completely blown away. I became deeply invested in the protagonist's journey. A masterclass in storytelling. Worth every moment spent reading.
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Absolutely brilliant. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem.
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Exceeded all my expectations. The author orchestrated a breathtaking finale. Truly a work of art. I am now a lifelong fan of this author.
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A profoundly satisfying read. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An absolute must-read for connoisseurs of the genre.
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Honestly one of the most premium reading experiences lately. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem.
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I was completely blown away. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I am now a lifelong fan of this author.
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Took a moment to build, but the payoff was spectacular. The middle had a deliberate pace, but the climax was phenomenal. A solid 4 stars from me.
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Honestly one of the most premium reading experiences lately. The author orchestrated a breathtaking finale. Truly a work of art. A true literary gem.
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Masterpiece from start to finish. The prose is exquisite. It’s accessible yet undeniably sophisticated. A true literary gem.
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Masterpiece from start to finish. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. I am now a lifelong fan of this author.
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I was completely blown away. The prose is exquisite. It’s accessible yet undeniably sophisticated. An absolute must-read for connoisseurs of the genre.
Joshua Gonzalez
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Absolutely brilliant. The author orchestrated a breathtaking finale. Truly a work of art. An effortless 5 stars.
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Excellent, though slightly flawed. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. A very distinguished novel.
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Exceeded all my expectations. The prose is exquisite. It’s accessible yet undeniably sophisticated. A true literary gem.
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Laura Wright April 04, 2025
Honestly one of the most premium reading experiences lately. The prose is exquisite. It’s accessible yet undeniably sophisticated. An effortless 5 stars.
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Sarah Anderson November 26, 2024
I thoroughly enjoyed the elegance of it. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. A very distinguished novel.
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Lisa Torres December 21, 2025
Exceeded all my expectations. The prose is exquisite. It’s accessible yet undeniably sophisticated. A true literary gem.
David Wright
David Wright August 08, 2025
Absolutely brilliant. I became deeply invested in the protagonist's journey. A masterclass in storytelling. An absolute must-read for connoisseurs of the genre.
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Betty Turner March 24, 2024
Exceeded all my expectations. I adored how the story unfolded. It kept me captivated without sacrificing elegance. A true literary gem.
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Amanda Turner March 27, 2025
Honestly one of the most premium reading experiences lately. I became deeply invested in the protagonist's journey. A masterclass in storytelling. Worth every moment spent reading.
William Lewis
William Lewis August 28, 2024
Absolutely brilliant. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. Worth every moment spent reading.
Christopher Walker
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Took a moment to build, but the payoff was spectacular. It held my rapt attention, even when certain twists were telegraphed. A wonderful companion for a quiet weekend.
Thomas Robinson
Thomas Robinson August 09, 2024
Exceeded all my expectations. The pacing was impeccable and the characters felt incredibly authentic. I was completely immersed. Worth every moment spent reading.
James Reyes
James Reyes April 02, 2024
Absolutely brilliant. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. I will undoubtedly revisit this masterpiece.
Stephanie Lopez
Stephanie Lopez August 09, 2025
Such a rich narrative. It strikes a perfect harmony of dialogue and world-building. Every chapter felt necessary. I am now a lifelong fan of this author.
Kimberly Carter
Kimberly Carter January 21, 2024
I thoroughly enjoyed the elegance of it. The middle had a deliberate pace, but the climax was phenomenal. A solid 4 stars from me.
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Excellent, though slightly flawed. It held my rapt attention, even when certain twists were telegraphed. A wonderful companion for a quiet weekend.
Jacob Collins
Jacob Collins May 09, 2025
A profoundly satisfying read. The author orchestrated a breathtaking finale. Truly a work of art. I will undoubtedly revisit this masterpiece.
Thomas Miller
Thomas Miller March 04, 2025
I thoroughly enjoyed the elegance of it. It held my rapt attention, even when certain twists were telegraphed. A solid 4 stars from me.
Anthony Thompson
Anthony Thompson July 04, 2025
I thoroughly enjoyed the elegance of it. Beautiful writing, though I craved slightly more depth in the lore. Still, undeniably engaging. A wonderful companion for a quiet weekend.
Jacob  Parker
Jacob Parker October 30, 2024
A decent, if standard, experience. Certain acts were fascinating, while others felt like a slight endeavor to complete. Unlikely to reread, but a reasonable expenditure of time.
Melissa Brown
Melissa Brown November 03, 2025
I thoroughly enjoyed the elegance of it. The middle had a deliberate pace, but the climax was phenomenal. A solid 4 stars from me.
Nicholas King
Nicholas King August 14, 2024
I find myself somewhat conflicted. The prose was competent, yet the characters lacked the depth I usually seek. Unlikely to reread, but a reasonable expenditure of time.
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