Home
/
RELIGION & LIBERTY ONLINE
/
The economics and morality of infinity
The economics and morality of infinity
Dec 9, 2025 9:15 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
As if by an Occult Hand…
Freemasonry has been deemed to be worthy of protection under the Religious Land Use and Institutionalized Persons Act of 2000 (RLUIPA). Does this mean that freemasonry is a “religion”? A California court of appeals statement said in part, “We see no principled way to distinguish the earnest pursuit of these (Masonic) principles … from more widely acknowledged modes of religious exercise.” That’s a stance the Christian Reformed Church would probably agree with. As I’ve noted before, the CRC’s position on...
Human Events on “The Call of the Entrepreneur”
Erika Andersen reviewed the “The Call of the Entrepreneur” for Human Events in a piece titled, “Entrepreneurship Preserves Life as We Know It.” The Call premiered last week to DC audiences at the E Street Cinema, as part of the Renaissance Film Festival. In her article Andersen noted the international interest in the film: Though it initially seems like the tale of the American dream, “The Call of the Entrepreneur” is an international story and is now being translated into...
Global Warming Consensus Alert: Points for Honesty
Normally, I’m not a huge fan of Congressman John Dingell. But on this issue, I have to at least give him points for honesty: Democrats took over Congress vowing to make global warming a top priority, and House Speaker Nancy Pelosi planned to notch a quick victory with a bill that was long on political symbolism and cost, if short on actual emissions reductions. Standing in her way has been Mr. Dingell. Much to the speaker’s consternation, the powerful chairman...
Saving Secular Society
I used to have more regular and extensive interaction with people whose worldviews were starkly different from my own. That’s not so much the case anymore, so it’s good to be reminded occasionally that some people live in different worlds that are sometimes hard prehend. That happened today when I came across an announcment for a conference, “The Secular Society and Its Enemies.” In the strange universe in which the conference’s organizers live, “The world is finally waking up to...
Global Warming Consensus Alert: Gore Snubbed by Nobel Committee!
In a stunning turn of events, the Nobel Committee failed to award a Nobel Prize for Science to Al Gore, instead opting to present him with the Peace Prize despite the scant evidence that his recent climate change-related activities have contributed anything to the advancement of global peace. The award can be seen as something of a consolation prize for Gore, however, as in recent days even the British judicial system has ruled that “An Inconvenient Truth,” Gore’s global warming...
Un-Christian Retributiveness
How’s this for an expression of un-Christian retributiveness? If God wants to make my plete, he will grant me the joy of seeing some six or seven of my enemies hanging from those trees. Before their death I shall, moved in my heart, forgive them all the wrong they did me in their lifetime. One must, it is true, forgive one’s enemies – but not before they have been hanged. –Heinrich Heine, Gedanken und Überlegungen; quoted and translated in Freud,...
‘Mission Accomplished’?
“The mission in Iraq may be on the way to being plished…” So says Bartle Bull in Prospect magazine (HT). Maybe we should start thinking of the first declaration of “mission plished” (May 1, 2003, pictured above) as a sort of D-Day, and the imminent(?) “mission plished” as a sort of V-E Day (that’s also mon analogy used to describe the “already/not yet” dynamic of the times between Christ’s first and ing.) See also, “Democracy in Iraq.” ...
Islam’s Quiet Revolution
Society is changing as economic freedom and diversification gradually creep into the Middle East. Dr. Samuel Gregg, director of research at the Acton Institute, explores the effects of free trade on nations including Kuwait, Bahrain, Qatar, and the United Arab Emirates and, in turn, the effect those nations are having on their neighbors. The diversification of economies, notably the development of new products and services for export, allows nations to grow out of reliance on oil production as the main...
The Weekly Standard, AFR, and “The Call of the Entrepreneur”
Sonny Bunch reviewed “The Call of the Entrepreneur” and discussed the significance of the American Film Renaissance (AFR) in The Weekly Standard. His article is titled, “The Right Stuff: Conservatives decide if you can’t beat Hollywood, join it.” In his piece, Bunch discussed the goals of AFR: AFR has been hosting film festivals across the country since 2004, but the Hubbards hope to set up permanent shop in Washington and push the festival into the mainstream. Jim Hubbard says he...
David (McCarty) vs. Goliath
Well…except Goliath is mostly a good guy too– and he’s the one putting rocks in the air– and David got beat in this case by the government. From yesterday’s (Louisville) Courier-Journal, Charlie White and Sara Cunningham report on the stand-off between homeowner David McCarty and the local Wal-Mart under construction in Lebanon, KY. Complying with a court order, a Central Kentucky man yesterday ended his sit-down protest a few feet from a blasting site — part of the construction of...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved