Home
/
RELIGION & LIBERTY ONLINE
/
The economics and morality of infinity
The economics and morality of infinity
Dec 20, 2025 1:23 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
Lorde, Poverty, and Envy
At Reason Thaddeus Russell argues that Macklemore and Lorde embody a kind of progressive cultural critique of capitalism, captured in the attack on “conspicuous consumption” made famous by Thorstein Veblen. Russell traces the “progressive lineage” of this critique: “Their songs continue a long tradition, rooted in progressivism, of protests against the pleasures of the poor.” Having never listened to him, I have no opinion about Macklemore. Russell’s piece makes me want to take a moment to hear “Thrift Shop.” But...
Infographic: 9 Things You Need To Know About the Hobby Lobby Case
The Becket Fund for Religious Liberty has released a helpful infographic highlighting some key facts regarding Sebelius v. Hobby Lobby Stores, Inc., which will be argued before the Supreme Court tomorrow. Upon digesting all of this, it’s worth emphasizing how meek and mild the Greens’ plaint actually is. The demands of the State are awfully high for a feature of the faith as small and tolerable as this. As Ross Douthat once wrote: If you want to fine Catholic hospitals...
Why We Shouldn’t Abandon the Term ‘Social Justice’
“Social Justice” is a term you hear almost every day. But did you ever hear anybody define what it actually means? In the latest video for Prager University, Jonah Goldberg says that if you ask ten liberals to define social justice you’ll get ten different responses. Goldberg, referencing Frederick Hayek, says that underlying the term “social justice” is a pernicious philosophical claim that freedom must be sacrificed in order to redistribute e. A few years ago on his radio program,...
Radio Free Acton: Douglas Rushkoff on Human Flourishing in a Digital Age
We would all agree that digital technology has made life better in many respects. But in what ways do smartphones, email, social media and the Internet in general bring pressures to bear upon us that diminish human dignity and work against us in the free market, our social connectivity, and the interior life? Douglas Rushkoff has been thinking and writing about these very questions for years. He is a media theorist and author of the book, Present Shock: When Everything...
Amid China’s Economic Prosperity, Diminishing Religious Freedom
“Next year will mark the 60th anniversary of the decapitation of Catholic Life in Shanghai,” writes Father Raymond J. de Souza in a National Post article titled “Catholics in Chains” published last week. This strong and unfortunately true es at the heels of the passing of the 97-year-old legitimate Catholic bishop of Shanghai, Bishop Joseph Fan Zhong-Liang last week. His death underscores the continuing reality of government religious restrictions imposed on Catholicism, which hinder bishops’ ability to lead their flocks...
Hobby Lobby, The HHS Mandate And Why This Matters To Women
I won’t bother reviewing all the details of the Hobby Lobby case before the Supreme Court regarding the HHS mandate (you can do more reading here, here and here.) I’d like to talk about why this issue is of particular interest for women, and why the voices of all women need to be heard. The organization Women Speak For Themselves has been vocal in the fight against the HHS mandate. They want to make it known that the call for...
Those Horrible Koch Brothers And The Good They Do
Given the press the Koch brothers (David and Charles) get, one would expect to see a photo of them sporting devil’s horns with blood dripping from their fangs. Here are just a few examples: They have a pattern of lawbreaking, political manipulation, and obfuscation. I’ve been in Washington since Watergate, and I’ve never seen anything like it. [The New Yorker] Today, the Kochs are being watched as a prime example of the corporate takeover of government. [Greenpeace] [W]hen Barack Obama...
#PrayForHobbyLobby: Intercession on Religious Liberty and the Supreme Court
On Tuesday at 10:00 a.m. ET, the Supreme Court will hear oral arguments on Sebelius v. Hobby Lobby Stores, Inc. and Conestoga Wood Specialties Corp. v. Sebelius, both of which will have a profound impact on the future of religious liberty and freedom of conscience in America. Thus,Hobby Lobby supporters across the country have been invited to offer their prayers in support of pany, and I encourage you to participate.You can help spread the word by changing the avatar on...
Is an Obamacare Bus Bringing Salvation to the Mississippi Delta?
Images of Mississippi needing federal assistance are iconic. Robert F. Kennedy’s 1967 trip to Mississippi’s Delta region produced images of poverty not unlike LBJ’s War on Poverty tour. Jennifer Haberkorn has written a piece at Politico titled, “Obamacare enrollment rides a bus into the Mississippi Delta.” Her snooty lede to the story reads: “In the poorest state in the nation, where supper is fried, bars allow smoking, chronic disease is rampant and doctors are hard e by, Obamacare rolls into...
OSU Conference Highlights Private Solutions to Public Problems for the Poor
This past Saturday, I attended the Alleviating Poverty Through Entrepreneurship (APTE) 2014 summit. APTE is a student group at OSU in Columbus, OH, and they put together a wonderful cast of ten speakers on the subject of the future of social entrepreneurship. With seven pages of notes (front and back), I unfortunately cannot cover every detail of the conference, but instead I will briefly focus on a theme that recurred throughout the afternoon: private, often for-profit, solutions to public service...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved