There have been several different and even opposed conceptions of the problem of logical constants, i.e. of the requirements that a good theory of logical constants ought to satisfy. This paper is in the first place a survey of these conceptions and a critique of the theories they have given rise to. A second aim of the paper is to sketch some ideas about what a good theory would look like. A third aim is to draw from these ideas and (...) from the preceding survey the conclusion that most conceptions of the problem of logical constants involve requirements of a philosophically demanding nature which are probably not satisfiable by any minimally adequate theory. (shrink)