經濟學家

Thanos shows us how not to be an economist

In a few days’ time, Avengers: Endgame will hit the cinemas, and the universe’s mightiest heroes will resume their battle against the supervillain Thanos. Thanos fascinates me not only because he’s the best bad guy since Darth Vader — but because the muscular utilitarian is an economist on steroids.

Thanos’s claim to the economists’ hall of fame lies in his interest in scarce resources, his faith in the power of logical analysis, and a strong commitment to policy action — specifically, to eliminate half of all life in the universe, chosen at random. He collects some magical bling enabling him to do this with a snap of his fingers.

“It’s a simple calculus,” he explains. “This universe is finite, its resources, finite. . .if life is left unchecked, life will cease to exist. It needs correcting.”

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