Home
/
RELIGION & LIBERTY ONLINE
/
The economics and morality of infinity
The economics and morality of infinity
Nov 30, 2025 5:31 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
What’s behind the EU triggering Article 7 against Poland?
For the first time in its history, the EU has invoked Article 7, a provision of its constitution intended to censure and punish a member nation for violating European values. Just before Christmas, the European Commission took the first step in the process against Poland over a series of laws taken by the ruling Law and Justice (PiS) that it says threatens the independence of the judiciary. Ultimately, the EU could set out changes it expects Poland to make to...
Why is Iran spreading socialism in the West?
Iran’s Revolutionary Guard boasts that the protests that have blanketed the nation for the last week have died down – and, with them, at least 22 Iranians demanding better economic conditions and civil liberties. Economic change was at the heart of public discontent, something Iran may be seeking to export to the West by spreading socialist ideology. The Islamic Republic of Iran and Nicolás Maduro’s Venezuela both support – and may be funding – the spread of socialism in the...
Why entrepreneurs want to turn public goods into club goods
Note: This is post #62 in a weekly video series on basic microeconomics. Club goods are goods that are nonrival and excludable, says economist Alex Tabarrok. For instance, HBO is a club good, as you need to pay a monthly fee to access HBO (excludable) but more viewers does not add to costs (nonrival). As Tabarrok explains in this video by Marginal Revolution University, entrepreneurs are always looking for ways to turn public goods into club goods. (If you find...
The dystopian prospects of a world without work
Humans have long daydreamed about a day or a place where work is no more, whether found in a retirement home on a golf course or in a utopian society filled only with leisure and idleness. But is a world without work all that desirable, even amid material abundance? In an essay in Touchstone Magazine, Hunter Baker explores the question at length, noting the growing disconnect between “consumer man” and “working man” in the modern economy. Indeed, as Baker notes,...
Unemployment as economic-spiritual indicator — December 2017 report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need...
11 things you should know about the minimum wage
As is ing mon New Year’s theme, the minimum wage increased on Monday in more than a dozen states across the U.S. According to the Economic Policy Institute, 18 states increased the lowest legal wage allowed: • Alaska: $9.84, $.04 increase • Arizona: $10.50, $.50 increase • California: $11.00, $.50 increase • Colorado: $10.20, $.90 increase • Florida: $8.25, $.15 increase • Hawaii: $10.10, $.85 increase • Maine: $10.00, $1.00 increase • Michigan: $9.25, $.35 increase • Minnesota: $9.65, $.15...
After tax plan passage, corporations offer glimpse of who will benefit
When es to tax policy, opponents of corporate tax cuts often say that cuts will only help those at the top: that the wealthiest employees will receive large bonuses while middle managers and those at the bottom will remain at the same wage levels, thus increasing the wage gap. Taxation is often seen as an opportunity for government to distribute the wealth, but when given the opportunity and financial capacity, corporations can do the same, and have the opportunity to...
Incorporation as incarnation: Giving economic form to divine truth
What can the incarnation teach us about Christian cultural witness and economic action? When God became a man, He showed us the power of embodied truth. But that divine act wasn’t just meant to rescue us from a fallen world; it was meant to model what transformation actually looks like in the here and now. As Rev. Robert Sirico recently noted in his reflections on Christmas, the incarnation reminds us “how seriously God takes the material world which he made,...
How pagans viewed Christian charity
Every year’s end means that people of faith will be deluged with two things: wishes for a Happy New Year and appeals for charities of every conceivable variety. Americans gave $390 billion to charity in 2016, nearly one-third of it in the month of December. For charities and their beneficiaries, the holiday spirit – and Americans’ desire to lower their year-end tax bill – are a godsend. But ancient pagans had a different view of private, Christian almsgiving, which still...
Abraham Kuyper confronts stereotypes in ‘On Islam’
Abraham Kuyper, who served as prime minister of the Netherlands from 1901 to 1905, was also a journalist and theologian. Kuyper wrote expansively on public theology in an effort to engage culture through the lens of a Christian worldview, covering topics such mon grace, the kingship of Christ, and the roles of the church and family. In collaboration with the Abraham Kuyper Translation Society, the Acton Institute and Lexham Presshave teamed together to publish the Abraham Kuyper Collected Works in...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved