Excessively precise economic analysis can lead to assessing everything in terms of its easily measurable melt value – the value that thieves get from stealing copper wiring from isolated houses, that vandals got from tearing down Greek temples for the lead joints holding the marble blocks together, that shortsighted timber companies get from liquidating their forests. The standard to insist on is live value. What is something worth when it's working?
It is an assumption that there is always one single dimension for assessing persons and their actions that has canonical priority. This is the dimension of moral evaluation; “good/evil” is supposed always to trump any other form of evaluation, but that is an assumption, probably the result of the long history of the Christianisation and then gradual de-Christianisation of Europe, which one need not make. Evaluation need not mean moral evaluation, but might include assessments of efficiency, ... simplicity, perspicuousness, aesthetic appeal, and so on.raymond geuss
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