There are real and very important differences between what we now call values and the virtues as they had traditionally been understood. Let me put it this way. A value is like a smoke ring. Its shape is initially determined by the smoker, but once it is released there is no telling what shapes it will take. One thing is certain, however. Once a smoke ring has left the smoker’s lips it has already begun to evaporate into thin air.
Volition and volatility are characteristics of both smoke rings and values. By contrast, a virtue might be compared to a stone whose nature is permanence.…
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