1) Aristotle begins his Nicomachean Ethics by hypothesizing that all people aim for the highest good or happiness. He aims to test this hypothesis by examining human action and determining what constitutes the highest good.
2) Aristotle analyzes different conceptions of the good life, such as a life of pleasure or honor. He determines that virtue must be the highest good since it alone is good in itself.
3) Aristotle defines virtue as a mean between deficiencies and excesses of emotions and actions. He provides a chart of intellectual and moral virtues. Developing virtue requires habituating good actions and avoiding deficiency and excess.