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This rendered all facts about human action examinable under a normative framework defined by cardinal virtues and capital vices. "Fact" in this sense was not value-free, and the fact-value distinction was an alien concept. The decline of Aristotelianism in the 16th century set the framework in which those theories of knowledge could be revised. [6]
Protected values tend to be "intrinsically good", and most people can in fact imagine a scenario when trading off their most precious values would be necessary. [13] If such trade-offs happen between two competing protected values such as killing a person and defending your family they are called tragic trade-offs.
A fact can be defined as something that is the case, in other words, a state of affairs. [13] [14] Facts may be understood as information, which makes a true sentence true: "A fact is, traditionally, the worldly correlate of a true proposition, a state of affairs whose obtaining makes that proposition true."
Value is the worth of something, usually understood as a degree that covers both positive and negative magnitudes corresponding to the terms good and bad. Values influence many human endeavors related to emotion, decision-making, and action. Value theorists distinguish between intrinsic and instrumental value. An entity has intrinsic value if ...
There is large debate in philosophy surrounding whether one can get a normative statement of such a type from an empirical one (i.e. whether one can get an 'ought' from an 'is', or a 'value' from a 'fact'). Aristotle is one scholar who believed that one could in fact get an ought from an is.
But reverse mortgages increased exponentially under the 2006 housing bubble and rising home values, eventually crashing during the 2008 housing and subprime mortgage crisis and leaving in its wake ...
Growth stocks vs. value stocks. There are many differences between growth and value stocks. Each of these asset types offers valuable benefits and drawbacks worth carefully considering. And ...
History tells us that matters like marriage equality, voting rights, abortion access and campaign finance are often adjudicated through the court system.