Home
/
RELIGION & LIBERTY ONLINE
/
The economics and morality of infinity
The economics and morality of infinity
Jan 18, 2026 1:13 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
The Man in Black
“Well, we’re doin’ mighty fine, I do suppose, In our streak of lightnin’ cars and fancy clothes, But just so we’re reminded of the ones who are held back, Up front there ought ‘a be a Man In Black.” ...
‘Fascism Carrying a Cross’
The Drudge Report yesterday featured a screen shot of a new television ad that’s playing currently in Iowa for presidential candidate Mike Huckabee. Next to the image was this quote from primary opponent Ron Paul: “When es it will be wrapped in a flag and carrying a cross.” Paul said the Huckabee ad reminded him of the quote, which he attributed to muckraking novelist Sinclair Lewis. Huckabee’s television ad steps back from politics, reminding the voters that the birth of...
Global Warming Consensus Watch – Truth is Inconvenient
It’s not mon for those of us who find ourselves on the skeptical side of the great climate change debate to be accused of deliberately shading or outright misrepresenting scientific research in order to obscure the dire nature of the crisis at hand. We do this, our accusers claim, out of pure greed – either we are bought off by corporations who stand to e much less profitable should strong action be taken on this issue, we personally stand to...
A Fruity Farm Bill
Late last Friday the US Senate passed a federal farm subsidies bill, amounting to over $286 billion over five years. For the first time funding has been extended to new areas like support for fruits and vegetables. That $3 billion of the bill is not direct aid, but rather is marked for “research, marketing, farm markets and providing fruits and vegetables to more school children.” So perhaps you can expect the federal government, as any good nanny state should, to...
What’s Wrong with Christmas Consumerism
I’ve seen mercial a number of times this holiday season and it bothers me more and more every time: But what precisely is wrong with this ad, and the spirit that animates it? Rev. Billy might say that the problem lies with the gifts themselves. While he might be satisfied if the gifts came from places such as “the shelves of mom and pop stores, farmers markets, artisans and on Craigslist,” he certainly wouldn’t approve of gifts from a “big...
Best of the Worst Nannies of 2007
Who’s the Worst Nanny of 2007? No surprise the list includes PETA: petition is fierce. Vying for the title: Overzealous state legislators pushing bans mon food ingredients; health officials prohibiting full-grown adults from eating dessert; prominent food activists caught in acts of rank hypocrisy; and animal-rights fanatics using the force of law to make panies conform to their radical anti-meat dogmas… Adria Hinkle and Andrew Cook, “Dumped Dogs Tell No Tales” Award — People for the “Ethical” Treatment of Animals...
Books of Interest: Boydell & Brewer and de Gruyter
Today’s post will look at the Boydell & Brewer Early Modern & Modern History catalog and the de Gruyter Religious Studies/Jewish Studies/Theology catalog (series index): Titles from Boydell & Brewer: Thomas S. Freeman & Thomas F. Mayer, eds., Martyrs and Martyrdom in England, c. 1400-1700 (April 2007)David M. D’Andrea, Civic Christianity in Renaissance Italy: The Hospital of Treviso, 1400-1530 (March 2007).Elizabeth T. Hurren, Protesting about Pauperism: Poverty, Politics and Poor Relief in Late-Victorian England, 1870-1900 (September 2007). Titles from de...
Weigel on Jihad
The extraordinarily prolific George Weigel has another book out: Faith, Reason, and the War Against Jihadism. Weigel’s books are without fail thought-provoking and clearly stated, though the force, clarity, and breadth of his thought will likely result in at least one or two points of disagreement with any reader. Another source of Weigel’s controversial character is also one of his most praiseworthy attributes: his willingness to make concrete political and practical mendations (or, sometimes, exhortations). He is a smart and...
The Spirit of 76: Reagan Style
As we enter the presidential primary season, a look back at the 1976 Republican Primary is appropriate, considering it was a pivotal moment in American conservatism. It is a presidential race that conservative writer Craig Shirley calls a “successful defeat.” While Ronald Reagan ultimately lost the nomination to incumbent President Gerald Ford, this race would end up transforming the conservative movement, the Republican Party, the country, and eventually the world. Reagan came into the 1976 North Carolina primary having lost...
The Price of Freedom is $21.3 Million
The price of freedom is $21.3 million, at least in a manner of speaking. The only domestically-held copy of the Magna Carta, first penned in 1215 (this copy dates from 1297), was sold tonight in a Sotheby’s auction for that princely sum to David Rubenstein of The Carlyle Group, a private equity firm. Sotheby’s vice chairman David Redden called the old but durable parchment “the most important document in the world, the birth certificate of freedom,” notable especially for its...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved