4min chapter

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549. The First Great American Industry

Freakonomics Radio

CHAPTER

The Fall of the US Whale Industry

Eric Hilt is an economic historian at Wellesley College. He visited the New Bedford Whaling Museum, which is a wonderful place to visit. The US whaling industry essentially collapsed when Nantucket was in steep decline. Sotva luxury mattresses are sold online and cost half the price of the top retail brands.

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