Home
/
RELIGION & LIBERTY ONLINE
/
The economics and morality of infinity
The economics and morality of infinity
Nov 30, 2025 5:59 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
Christianity and Liberalism
Over at the Gospel Coalition last week I reviewed Larry Siedentop’s Inventing the Individual: The Origins of Western Liberalism. As I conclude, “The story he tells is true, but at some points only half-true. The half-truth is still valuable, though, if for no other reason than that it runs so counter to much contemporary self-understanding. Siedentop’s interpretation helpfully casts doubt on the dominant narrative of secularism’s emergence from the oppressive claims of God and religion.” One way of understanding the...
Video: John Wilsey On How To Read de Tocqueville’s ‘Democracy In America’
As fall takes hold, it’s time once again for the Acton Lecture Series to take center stage here at the Acton Institute. Last Thursday, John Wilsey, assistant professor of history and Christian apologetics at Southwestern Baptist Theological Seminary, kicked off our fall 2016 series with a lecture on how to read Alexis de Tocqueville’s Democracy in America.Wilsey explores ways that Tocqueville’s background shaped him as an author,and the unique insights into American society that Tocqueville shared in his classic work....
Unemployment as Economic-Spiritual Indicator — September 2016 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...
The moral consequences of economic growth
In 1820, America’s per capita e averaged $1,980, in today’s dollars. But by 2000, it had increased to $43,000. That economic growth has benefited the rich, of course. But it has also transformed the lives of the poor—and prevented many more from ing or staying poor. Because of economic growth we not only have less poverty and hunger, but less disease and and increase in life expectancy measured in decades. Yet despite these benefits we are often fortable with economic...
Faith at Work: How economic freedom leads to human flourishing
In aspecial report and symposiumfor the Washington Times, the Institute for Faith, Work, and Economics has organized an array of diverse perspectives on economic freedom, human flourishing, and the church. Authors include familiar Acton voices and partners such as Michael Novak, John Stonestreet, Christopher Brooks, Jay Richards and Ismael Hernandez, as well as leading figures such as Senator Tim Scott, Arthur Brooks, and Dr. Albert Mohler.The report also includes Acton’s very own Rev. Robert Sirico and Trey Dimsdale, each sharing...
Why the ‘free market’ economy should be called the ‘initiative-centered’ economy
The term “free market” doesn’t really capture the essence of the economic system that produces prosperity, says Michael Novak. The secret that “liberated more than a half billion of their citizens from poverty” was not mere freedom but private ownership and personal initiative. The new economy in which we live is often called “the free market economy.” But markets are universal. Markets were central during the long agrarian centuries, through biblical times, in all times. For this reason, the term...
The co-bots are coming to fast food factories
“We’re going to need to see your birth certificate,” the manager said, making a notation on my employment application, “But you’re hired. Show up a 10 a.m. on Thursday for training.” I was too young and dumb to realize he was calling my bluff. I had to be 16 to take the job and I could barely pass for 14 (which I wouldn’t be for a another month). Yet instead of pointing out that I was lying about my age...
If Africa had 100 citizens
When we think about the places on the globe that continue to have the most consistent and seemingly intractable problems, we tend to think of Africa. While areas like East Asia and the Pacific continue to grow richer and more stable, many African countries remain mired in corruption and poverty. Grasping the scale of problems in Africa is often hindered by our inability to grasp the scale of the continent. For example, on most maps Greenland appears to be the...
Is taxation theft?
Last week, before the most recent news about Donald Trump and the current US presidential campaign burst onto the scene, Think Christian ran a short reflection of mine on the question of taxation. As I argue, “There is no duty to pay anything other than what we owe in taxes. But whatever we do owe we must pay in good conscience and out of a spirit of justice.” If you spend any time on the internet reading about political liberty,...
Unemployment has a detrimental effect on the health of young Americans
Young Americans that are unemployed have worse physical well-being than their employed elders, according to a new survey. Gallup and Healthways surveyed people in 47 e-economy countries for two years on physical well-being, which they defined as having good health and enough energy to get things done daily. Their survey classified responses as “thriving” (well-being that is strong and consistent), “struggling” (well-being that is moderate or inconsistent), or “suffering” (well-being that is low and inconsistent). The survey found that in...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved