From Weakling to Superhero: The Economics of Captain America

We examine economic themes surrounding the superhero Captain America. When Steve Rogers became a super soldier, his production and consumption opportunities were expanded greatly, and yet the effect on his lifetime realized utility seems ambiguous. We explore the possibility that Captain America became wealthy through the power of compound return on investment during his stay of nearly 70 years under the Arctic ice. The society and economy that he returned to were much different from what he left behind, and these differences are used to illustrate the nature of economic growth and dynamism. We also show how Captain America’s story illustrates the nature of inflation and major themes in the provision of public goods and public choice.