Abstract
This paper presents an objection to Peter Railton’s full-information account of non-moral value. According to this account, if an idealized individual A who is fully rational and has full information wants the non-idealized A to desire X, then X is good for A. Those desires like X are called objective interests. Railton’s analysis holds that non-moral values are constituted by natural facts that are independent of subjective opinions. I argue that it is hard for the full-information analysis to achieve all its goals. My discussion focuses on intrinsic interests—those good for an individual without reference to any other objective interests. I attempt to show that either it is hard for the full-information account to give a normative force on individuals, or the account is circular. The conclusion I reach is moderate: in its current version, the full-information analysis of non-moral value cannot explain the link between the normative and the empirical.