In this article I argue that the value of epistemic justification cannot be adequately explained as being instrumental to truth. I intend to show that false belief, which is no means to truth, can nevertheless still be of epistemic value. This in turn will make a good prima facie case that justification is valuable for its own sake. If this is right, we will have also found reason to think that truth value monism is false: assuming that true belief does (...) have value, there is more of final epistemic value than mere true belief. (shrink)

The debate on final value has been so far understood as a debate over what sort of properties final value depends on. The debate’s reliance on mere dependence has, I argue, made it very difficult for conditionalists to put forward a coherent positive alternative to intrinsicalism. Talk of dependence is too coarse-grained and fails to distinguish between different ways in which value can metaphysically depend on other properties of the value bearer. To remedy this, I propose that we bring back (...) a ‘forgotten’ distinction between two ways in which value can depend on other properties. We should distinguish those properties in virtue of which a value is had—the grounds of the value—from those on condition of which it is had—which following Dancy I call the enablers of the value. With this distinction in hand, I offer a clear re-statement of the two main conditionalist accounts of final value: non-instrumentalism and non-derivatism. When understood not as making claims about the properties on which final value depends but rather as making more specific ones about the properties that ground final value, these accounts are perfectly coherent. (shrink)

Section 2.1 identifies three notions of intrinsic value: the finality sense understands it as value for its own sake, the supervenience sense identifies it with value that depends exclusively on the bearer’s internal properties, and the nonderivative sense describes intrinsic value as value that provides justification for other values and is not justified by any other value. A distinction between final intrinsic and final extrinsic value in terms of supervenience is subsequently introduced. Section 2.2 contains a discussion of the debate (...) about instrumental value and other varieties of nonfinal extrinsic value. Finally, section 2.3 focuses on recent attacks on the very coherence of the intrinsic/extrinsic distinction and its role as a demarcation line between fundamental and nonfundamental value. (shrink)