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WiM002 - The Saylor Series | Episode 2 | The Rise of Man through the Dark and Steel Ages

The "What is Money?" Show

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The Productivity of the Industrial Age

Before we figured out how to harness oil, my oil was this compressed energy source from ancient sunlight that's fallen on the earth for tens of thousands of millions of years. So again, if we consider that we're channelling energy across our intellect to create new and useful things, it's as if our intellect hit his a new, really potent source of energy when we figured out oll and rockefeller captured the entire value stream. The amount of energy necessary produce a single lumin which would be a unit light radiance is orders of magnitude more cheap now than before.

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