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549. The First Great American Industry

Freakonomics Radio

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Whales, Wealth, and Legacy

This chapter examines the historical importance of Nantucket during the peak of the whaling industry, drawing parallels to modern sectors like Silicon Valley. It highlights the economic dynamics of 19th-century whaling, the dangers faced by sailors, and the cultural impact of the Moby Dick narrative. The chapter also reflects on Nantucket's decline as a whaling hub and the transition to new economic opportunities during the Gold Rush.

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