Epistemology has for a long time focused on the concept of knowledge and tried to answer questions such as whether knowledge is possible and how much of it there is. Often missing from this inquiry, however, is a discussion on the value of knowledge. In The Value of Knowledge and the Pursuit of Understanding Jonathan Kvanvig argues that epistemology properly conceived cannot ignore the question of the value of knowledge. He also questions one of the most fundamental assumptions in epistemology, namely that knowledge is always more valuable than the value of its subparts. Taking Platos' Meno as a starting point of his discussion, Kvanvig tackles the different arguments about the value of knowledge and comes to the conclusion that knowledge is less valuable than generally assumed. Clearly written and well argued, this 2003 book will appeal to students and professionals in epistemology.

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Understanding has a special kind of value that other epistemic states such as knowledge do not, and this fact threatens the justification for the focus on knowledge that the history of epistemology displays. Elsewhere it has been argued that knowledge does not possess this special value. There are a couple of lines of argument, however, that threaten to extend the denial of this special value for knowledge to a denial of a special value for understanding. Underlying all such challenges is the obvious fact that the language of knowing and the language of understanding are closely related. In this discussion it is argued that the kind of understanding that we prize most is immune from the concerns that have plagued the theory of knowledge.

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