This document discusses different types of values including intrinsic values like truth, goodness, and beauty versus instrumental values that are useful due to their consequences. Higher values are considered more self-sufficient and include aesthetic, religious, moral, and intellectual values, whereas lower values depend more on things like money, health, and friends. Whether pleasure and wealth or morality and emancipation are higher values depends on one's perspective as a realist, materialist, or spiritualist. Values can also be seen as permanent or temporary depending on their ability to be cultivated independently of other factors and influence all areas of life.