The conclusion is not that value is subjective, but that it is practical. The situation in which judgment of value is required is not mental, much less fanciful. I can but think that much of the recent discussion of the objectivity of value and of value-judgments rests upon a false psychological theory. It rests upon giving certain terms meanings that flow from an introspective psychology which accepts a realm of purely private states of consciousness, private not in a social sense (a sense implying courtesy or mayhap secrecy toward others), but existential independence and separateness. To refer value to choice or desire, for example, is in that case to say that value is subjectively conditioned. Quite otherwise, if we have steered clear from such a psychology. Choice, decision, means primarily a certain act, a piece of behavior on the part of a particular thing. That a horse chooses to eat hay means only that it eats hay; that the man chooses to steal means (at least) that he tries to steal. This trial may come, however, _after_ an intervening act of reflection. It then has a certain intellectual or cognitive quality. But it may mean simply the bare fact of an action which is retrospectively called a choice: as a man, in spite of all temptation to belong to another nation, chooses to be born an Englishman, which, if it has any sense at all, signifies a choice to continue in a line adopted without choice. Taken in this latter sense (in which case, terms like choice and desire refer to ways of behavior), their use is only a specification of the general doctrine that all valuation has to do with the determination of a course of action. Choice, preference, is originally only a bias in a given direction, a bias which is no more subjective or psychical than is the fact that a ball thrown is swerving in a particular direction rather than in some other curve. It is just a name for the differential character of the action. But let continuance in a certain line of action become questionable, let, that is to say, it be regarded as a means to a future consequence, which consequence has alternatives, and then choice gets a logical or intellectual sense; a _mental_ status if the term "mental" is reserved for acts having this intellectualized quality. Choice still means the fixing of a course of action; it means at least a _set_ to be released as soon as physically possible. Otherwise man has not chosen, but has quieted himself into a belief that he has chosen in order to relieve himself of the strain of suspense.