Abstract
Many have suggested that understanding is a worthier goal for theoretical reflection than is propositional knowledge. Some have even claimed that, unlike knowledge, understanding is always intrinsically valuable. In this essay, I aim only to show that there is a basic value in understanding and that when knowledge conduces to understanding, it gets this basic value extrinsically from understanding. After distinguishing two kinds of understanding, namely, teleological and non-teleological understanding, I will conclude that teleological understanding has more of this basic value than does non-teleological understanding.