Home
/
RELIGION & LIBERTY ONLINE
/
The economics and morality of infinity
The economics and morality of infinity
Dec 31, 2025 1:48 AM

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
Audio: Jordan Ballor on Honesty in Science
On February 7th, Christopher Booker of Britain’s The Telegraphcaused a stir with his column entitled “The fiddling with temperature data is the biggest science scandal ever.” Booker remarked: When future generations look back on the global-warming scare of the past 30 years, nothing will shock them more than the extent to which the official temperature records – on which the entire panic ultimately rested – were systematically “adjusted” to show the Earth as having warmed much more than the actual...
North Korea: We Don’t Need ‘Flashy Lights’
A NASA image released in February 2014 shows a night view of the Korean Peninsula. Apart from a spot of light in Pyongyang, North Korea is mostly cloaked in darkness, with China (top left) and South Korea (bottom right) on either side. -Reuters North Korea finally decided ment on the most famous image of the nation. Almost exactly one year ago, NASA released several photos of the earth at night, showing many brightly lit nations and a shockingly dark North...
Jonathan Witt: Free Economy Equals Clean Water
At The Stream, Jonathan Witt questions why nations with free economies have cleaner water. After all, wouldn’t it seem more likely that countries with heavy government regulations regarding the environment have cleaner water? An examination of the most polluted rivers and streams in the world paints a different picture. With only a handful of exceptions, the dirtiest rivers in the world are located within some of the most restrictive countries. In contrast, three of the top five cleanest streams orin...
Audio: Jordan Ballor on the Morality of Using Natural Resources
Jordan Ballor Acton Institute Research Fellow and Executive Editor of the Journal of Markets & Morality Jordan J. Ballor was a guest on Austin Hill in the Morningin late January on the Faith Radio Network to discuss the morality of resource extraction and use. Should Christians support efforts to drill for more oil and the use of new techniques to draw more of these resources from the Earth, or should they push for a new approach to energy creation and...
5 Reasons Why Christians Should Care About Economics
I recently pointed to a helpful talk by Greg Forster to highlight how understanding economics is essential for developing a holistic theology of work, vocation, and stewardship. Economics connects the personal to the public, and prods our attentions and imaginations to the broader social order. In doing so, it alerts us to a unique and powerful mode of Christian mission. In his latest book, Flourishing Faith: A Baptist Primer On Work, Economics, And Civic Stewardship, Chad Brand expands on this...
A Note of Thanks
There’s a good deal of new research that connects things like happiness and satisfaction to experiences rather than to material goods. If you want to be happy, the advice goes, buy experiences, not things. There’s some truth to this, of course, but the reality is a bit plex. After all, don’t you also have “experiences” when you use “things”? In fact, I want to take a moment to write a brief note of thanks for a little material item that...
What Happened to the Bill of Rights?
When the Founding Fathers were drafting the U.S. Constitution, they didn’t initially consider adding a Bill of Rights to protect citizens because it was deemed unnecessary. It was only afterthe Constitution’s supporters realized such a bill was essential to getting approved by the states that they proposed enumerating such rights in twelve amendments. (Ten amendments were ratified; two others, dealing with the number of representatives and with pensation of senators and representatives, were not.) The Bill of Rights was included...
What the Church Offers Those Left Behind by Technological Change
Where can people turn when technology eliminates their jobs? Greg Forster argues the answer is the “church.” Forster offers five things the church can be for those whose jobs are eliminated or endangered by technological change: The church can be a place where people find their true identity. The church can be a place where people find healing. The church can be a place where people find wisdom and vision. The church can be a place of cultural entrepreneurship. The...
Is Your Child “Richer” Than the “Poorest” 2 Billion People in the World Combined?
“The bottom half of the world’s population owns the same as the richest 85 people in the world.” The stat was quoted last month in a report by the development organization Oxfam, but similar claims have mon.You’ve probably seen this statistic—or one like it—before in articles about economic inequality and assumed they must be somewhat true. But they aren’t. In reality, they pletely meaningless. One of the problems is that parisons are based on net worth (assets minus liabilities). If...
Book Review: ‘Created for Greatness: The Power of Magnanimity’ by Alexandre Havard
By the end of January, most of us have given up on our New Year’s resolutions. These are goals we enthusiastically set during the silent nights of self-reflection that Christmas affords us. We contemplate our Savior’s magnificent and humble life in contrast with our own feeble and self-seeking, sinful existence. We intensely desire personal renewal to e holier and nobler persons; yet, alas, we lack the will to actualize our true human potential. Many blame the failure mit on laziness...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved