<P> In Buddhist traditions, developing wisdom plays a central role where comprehensive guidance on how to develop wisdom is provided . In the Inuit tradition, developing wisdom was one of the aims of teaching . An Inuit Elder said that a person became wise when they could see what needed to be done and do it successfully without being told what to do . In many cultures, the name for third molars, which are the last teeth to grow, is etymologically linked with wisdom, e.g., as in the English wisdom tooth . </P> <P> Public schools in the US have an approach to character education . Eighteenth century philosophers such as Benjamin Franklin, referred to this as training wisdom and virtue . Traditionally, schools share the responsibility to build character and wisdom along with parents and the community . </P> <P> Nicholas Maxwell, a contemporary philosopher in the United Kingdom, advocates that academia ought to alter its focus from the acquisition of knowledge to seeking and promoting wisdom, which he defines as the capacity to realize what is of value in life, for oneself and others . He teaches that new knowledge and technological know - how increase our power to act which, without wisdom, may cause human suffering and death as well as human benefit . Wisdom is the application of knowledge to attain a positive goal by receiving instruction in governing oneself . </P> <P> Psychologists have gathered data on commonly held beliefs or folk theories about wisdom . These analyses indicate that although "there is an overlap of the implicit theory of wisdom with intelligence, perceptiveness, spirituality and shrewdness, it is evident that wisdom is an expertise in dealing with difficult questions of life and adaptation to the complex requirements ." Baltes et al. in 2002 through Wisdom: its structure and function in regulating lifespan successful development defined "Wisdom is the ability to deal with the contradictions of a specific situation and to assess the consequences of an action for themselves and for others . It is achieved when in a concrete situation, a balance between intrapersonal, inter - personal and institutional interests can be prepared". </P>

Explain why value is essential to the meaning of wisdom
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