Eric Hilt, an economic historian, and Nathaniel Philbrick, a maritime author, dive into the fascinating world of American whaling. They discuss how the U.S. came to control the whale market and the industry's role in shaping early capitalism. The conversation reveals the intriguing conflicts between traditional practices and conservation efforts. Hilt and Philbrick highlight Nantucket's significance during whaling’s peak and explore the industry's dramatic decline, touching on investment dynamics that differentiate it from textiles. Plus, find out if whale vomit really ends up in your perfume!