not easy to specify an economic situation the solution of which is absolutely indifferent ethically. There is a possibility of intemperance even in so "æsthetic" an indulgence as Turkish rugs. [112] Accordingly there can be no distinction of ends, some as ethical, others as economic, but from an ethical standpoint indifferent, and yet others as amenable neither to ethical nor to economic judgment. The type of situation and the corresponding mode of judgment employed determines whether an end shall be for the time being ethical, economic, or of neither sort conspicuously. [113] The right of Prudence to rank among the virtues cannot, on our present view, be questioned. Economic judgment, though it must be valuation of means, is essentially choice of ends--and, as would appear, choice of a sort peculiarly difficult by reason of the usually slight intrinsic relation between the ends involved and also by reason of the absence of effective points of view for comparison. Culture, as Emerson remarks, "sees prudence not to be a several faculty, but a name for wisdom and virtue conversing with the body and its wants." And again, "The spurious prudence, making the senses final, is the god of sots and cowards, and is the subject of all comedy.... [The true prudence] takes the laws of the world whereby man's being is conditioned, as they are, and keeps these laws that it may enjoy their proper good" (Essay on _Prudence_). [114] Here again we purposely use inaccurate language. Strictly, the ends here spoken of as competing are such, we must say, only because they are as yet in a measure indeterminate, wanting in "clearness," and are not yet understood in their true economic character; likewise the means are wanting in that final shade or degree of physical and mechanical determinateness which they are presently to possess as means to a finally determinate economic end. Thus economic judgment, by which is to be understood determination of an end of action by the economic method and in accordance with economic principles, involves in general physical re-determination of the means. The means which at the outset of the present economic judgment-process appear as physically available indifferently for either of the tentative ends under consideration are only in a general way the same means for knowledge as they will be when the economic problem has been solved. They are, so far as now determinate, the outcome of former physical judgment-processes incidental to the definition of economic ends in former situations like the present.