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==Necessity of value==
In ''The Objectivist Ethics'', Rand begins her description of the Objectivist theory of value by arguing in favour of the necessity of value,<ref>Rand (2005b), p. 13</ref> explicitly stating the importance of opening with the question 'Why does man need a code of values?' and rejecting the immediate question of 'What particular values should man accept?'<ref>Rand (2005b), p. 14</ref> She argues, quoting [[
The best-known of the statements on this subject holds:<ref name="Obligation and Value" />
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