markets – Prometheus Blog

Economics in Science Fiction: The Specter of Overproduction (from Pohl and Huxley to Heinlein)

Science fiction has mainly been based on the natural sciences, from astronomy to biology; economics and the other social sciences come on stage less often.

Certainly, social science fiction was one of Isaac Asimov’s three categories of science fiction (along with gadget stories and adventure stories—as TV Tropes puts it, “Man invents car” can be followed by “lectures on how it works,” “gets into car chase,” or “gets stuck in traffic”).

But the premise for social science fiction was commonly a discovery or invention in the natural sciences, whose social and economic consequences are explored. It’s not so common for science fiction to be inspired by an economic theory.

Nonetheless, some theories have been the basis for science fiction stories. Economic issues are a major concern for libertarians; how science fiction deals with such issues is worth exploring.

Continue reading Economics in Science Fiction: The Specter of Overproduction (from Pohl and Huxley to Heinlein)

Real-world entrepreneurship advancing humanity across our solar system: An Appreciation of Wil McCarthy’s Rich Man’s Sky, the 2022 Prometheus Best Novel winner

By Michael Grossberg

Rich Man’s Sky, the 2022 Prometheus winner for Best Novel, brims with the excitement, adventure, uncertainties and anxieties of real-world entrepreneurship.

Wil McCarthy’s kaleidoscopic novel, which thrillingly ventures beyond our Earth to chart the exploration, colonization and industrialization of our solar system, realistically and insightfully portrays the inevitably messy and risky progress of free men and women pursuing various goals through the cooperation of free markets.

Yet, the 291-page Baen Books novel – which launches a projected trilogy – also perceptively contrasts markets, warts and all, with the grimier and darker realities of politics – which unlike the voluntary transactions of the marketplace, unavoidably involves various forms and degrees of coercion, outright violence or the threat of violence and thus leads to some benefiting unjustly at the expense of others.

Continue reading Real-world entrepreneurship advancing humanity across our solar system: An Appreciation of Wil McCarthy’s Rich Man’s Sky, the 2022 Prometheus Best Novel winner

NASFiC acceptance speech: How C.J. Cherryh built her Alliance-Union Universe, & the launch of a prequel trilogy with Alliance Rising, the 2020 Prometheus Best Novel

If you’re a fan of C.J. Cherryh in general and her vast, complex, economically literate Alliance-Union Universe in particular, the full text of Cherryh and Jane S. Fancher’s Prometheus Awards acceptance speech is a fascinating must-read.

Cherry and Fancher co-wrote Alliance Rising, billed as the first prequel in a projected Hinder Stars trilogy exploring how her – now, their – future history develops.

The Libertarian Futurist Society, which presented its 2020 Prometheus Awards ceremony Saturday at the all-online North American Science Fiction Convention (NASFiC), chose Alliance Rising as its 2020 Best Novel winner partly because of the plausible realism with which Cherryh and Fancher weave a portrait of how the emergence of an interstellar trade network with private property and active markets tends to reduce conflicts, violence and the threat of war while sustaining peace, prosperity and progress.

“Its not so much that we set out to write a novel about the link between freedom and economics,” Cherryh said in her acceptance remarks, “but that when you start telling a story about human civilization, it goes with the territory.”

Continue reading NASFiC acceptance speech: How C.J. Cherryh built her Alliance-Union Universe, & the launch of a prequel trilogy with Alliance Rising, the 2020 Prometheus Best Novel

Identity, mystery, bureaucrats, capitalists and green politics: An Appreciation of James P. Hogan’s The Multiplex Man, the 1993 Prometheus Best Novel winner

The Libertarian Futurist Society’s Appreciation series aims to make clear why each Prometheus winner deserves recognition as a notable pro-freedom or anti-authoritarian work. Here’s our Appreciation for James P. Hogan’s The Multiplex Man, the 1993 Best Book winner:

By Michael Grossberg

James Hogan’s 1992 hard-sf political thriller revolves around a polite schoolteacher who wakes up one day to discover he’s far from home and in a body not his own. Soon after returning home, he discovers that seven months have passed – and he can’t return to his old body or life because he died six months ago.
His suspenseful journey to solve multiple unfolding mysteries is set in an authoritarian future Earth where former Eastern/communist countries have exploited space resources to boost their economies over the faltering West, undermined by Green-dominated governments’ anti-industry regulations, education restrictions and propaganda.

In this cautionary tale, the State authorities control virtually everything about people’s lives and activities on Earth, while condemning as dangerous any dissent or unapproved behavior and viewing off-world colonies as enemies because of their competition for Earth resources.

Continue reading Identity, mystery, bureaucrats, capitalists and green politics: An Appreciation of James P. Hogan’s The Multiplex Man, the 1993 Prometheus Best Novel winner