Home
/
RELIGION & LIBERTY ONLINE
/
The economics and morality of infinity
The economics and morality of infinity
Jan 24, 2026 9:06 PM

In this week’s Acton Commentary I take on Thanos’ zero-sum economic worldview as manifest in Avengers: Infinity War. In the classic debate over positivity and normativity in economics, Thanos is definitely not a value-free figure. He pursues, with single-minded tenacity and brutality, the moral good he perceives.

Toward the end of the piece, I cite Hayek as an example of an alternative perspective, one that sees development and possibility where Thanos sees decay and finitude. Hayek is, in his own way, a normative economist, in the sense that he thinks there is a moral justification for embracing the spontaneous, extended order. As Irwin and Yuengert put it, “The purpose of his research and writing is to argue for reliance on emergent order as a matter of policy.”

Thanos’ worldview has not reckoned with the Hayekian insights that it is only on the basis of the extended order that civilization has developed to the scale and size that it has. This is, as it turns out, a powerful moral argument for its maintenance and defense rather than for its dissolution or destruction. prehensive sense of survival is the first of the two moral standards that Irwin and Yuengert identify in Hayek’s work. As they write, “We can discern two kinds of permanent value metrics in Hayek’s writings: the value of survival, and the value of free human striving.”

It turns out that so often those who are not concerned with survival of individuals (as opposed to the preservation of the species or life itself, as in Thanos’ case) are likewise not concerned with their free development and striving. This is the perhaps the key difference between Thanos and his opponents. As Cap tells Vision, “We don’t trade lives.”

Survival and striving tend to go together, if you consider survival in terms of individuals and not just the mass or a portion of the whole. Irwin and Yuengert provide a citation from Hayek that succinctly distinguishes an aspect of his moral defense of the free economy contra Thanos’ centrally-planned, zero-sum worldview:

[The free moral order] is able to sustain more from discoverable resources (and indeed in that process discover more resources) than would be possible by a personally directed process. And although this morality is not “justified” by the fact that it enables us to do these things, and thereby to survive, it does enable us to survive, and there is something perhaps to be said for that.

Or as Hayek also later observes, “neither socialism nor any other known substitute for the market order could sustain the current population of the world.” And that carries some significant moral weight.

Read more: Ian Irwin and Andrew Yuengert, “The Laboratory as a Discovery Process? Vernon Smith, Hayek, and Experimental Economics,” Journal of Markets & Morality 19, no. 2 (Fall 2016): 253-274.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Remembering Kate O’Beirne
Longtime Acton Institute friend and supporter Kate O’Beirne passed away this past weekend. Below are Father Robert Sirico’s thoughts on this plished woman: I feel like I have always known Kate O’Beirne, so the passing of this woman of keen intellect, sharp wit and fearless rhetoric in confronting the nostrums of our day leaves me feeling very, very sad. It is painfully sad to think that the occasions of sharing National Review cruises or panel discussions with her or having...
Humans care about economic fairness, not economic inequality
A new study published in the science journal Nature Human Behaviour finds that in most situation people are unconcerned about economic inequality as long as distributions of wealth are fair: There is immense concern about economic inequality, both among the munity and in the general public, and many insist that equality is an important social goal. However, when people are asked about the ideal distribution of wealth in their country, they actually prefer unequal societies. We suggest that these two...
Taxes on unhealthy food do nothing but hurt the poor
Throughout history, societies have found peculiar ways to reinforce social hierarchies and class-based discrimination. mon way is to prohibit certain social classes from being able to purchase a good. These types of laws that regulate permitted consumption of particular goods and services are known as sumptuary laws. A prime example is the 16th-century French law that banned anyone but princes from wearing velvet. Modern America is mitted to the appearance of egalitarianism to make laws that directly ban poor people...
Marine Le Pen’s economics unite populist Right and far-Left
Emmanuel Macron may have won the first round of the French presidential elections on Sunday, but Marine Le Pen won a political victory of her own. The statist undercurrent running through her nationalist and populist policies successfully bridged the gap between France’s “far-Right” and socialist Left, according to Marco Respinti in a new essay for Religion & Liberty Transatlantic. Mainstream French politicians have sought bine disparate ideological strands since at least Charles de Gaulle, who presented his foreign policy as...
Acton books distributed to schools by Theological Book Network
The Acton Institute recently donated a number of titles on faith, work, and economics to the Theological Book Network which will distribute them to its partner institutions in what it calls the ‘Majority World’ (‘Majority World’ is a term coined to replace earlier sometimes anachronistic or misleading terms like ‘Third World’ or ‘Developing World’). The Theological Book Network is a Grand Rapids based non-profit, mitted to the creation and development of Majority World leaders by providing access to educational resources...
Price Controls and Communism
Note: This is post #30 in a weekly video series on basic microeconomics. What happens when price controls are used munist countries? As Alex Tabarrok explains, all of the effects of price controls e amplified: there are even more shortages or surpluses of goods, lower product quality, longer lines and more search costs, more losses in gains from trade, and more misallocation of resources. (If you find the pace of the videos too slow, I’d mend watching them at 1.5...
More than compassion needed for Europe’s refugees
“Irrespective of the political forces at play,” says Trey Dimsdale in this week’s Acton Commentary, “there is no arguing with the fact that such a large number of displaced immigrants presents a monumental humanitarian crisis in which survival es the initial, but not final, concern.” Prior to 2014, fewer than 300,000 refugees and migrants arrived in the European Union each year. Due to war and unrest in the Middle East and North Africa, that relatively slow trickle more than quadrupled...
Why J.D. Vance is bringing venture capital to the Rust Belt
As Americans continue to face the disruptive effects of economic change, whether from technology, trade, or globalization, many have wondered how we might preserve or revivethe regions that have suffered most. For progressives and populists alike, the solutions are predictably focused on a menu of government interventions, from trade barriers to wage minimums to salary caps to a range of regulatory constraints. For conservatives and libertarians, the debate has less to do with policy and more to do with the...
Audio: Victor Claar on whether Trump’s budget is un-Christian
Victor Claar speaks at Acton University On Saturday, Victor Claar, Professor of Economics at Henderson State University and Affiliate Scholar at the Acton Institute, joins host Julie Roys and Jenny Eaton Dyer of Hope Through Healing Hands on Moody Radio’sUp For Debateto discuss how Christians should respond to President Trump’s first budget proposal, especially as it relates to proposed cuts in US foreign aid. Dyer argues that Christians should be deeply concerned about the proposed cuts, while Claar argues that...
Samuel Gregg on the fracturing of France
With the first round of the French election results in, and no major candidates even managing to get a quarter of the total votes, two candidates remain: Marine Le Pen of the National Front, a populist and nationalist party, and Emmanuel Macron, the center-Left candidate of the “En Marche!” (“On Our Way”) political party. Samuel Gregg covers the current politically disjointed state of Francein a new article for First Things. He maintains an attitude of skepticism and uncertainty towards France’s...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved