Saturday, April 20, 2013

Earth Day

For Earth Day 2013 let us look back at this video on endangered species from the Learn Liberty queue.


Additionally we can find more direct economic ties to natural resources in How Capitalism Saved the Whales.  A couple of highlights from this post by James S. Robbins:
" In northern climes, whalers sometimes killed blubber-rich arctic seals to augment their oil stores. Both of these animals were saved by the decline of whaling. Oil-drilling in Pennsylvania restored many lakes which had been contaminated by natural petroleum leaks."
"the American whaling industry peaked in the 1850s. The reason for its decline was not because of public awareness of the evils of whaling, it was not because of consciousness-raising efforts by pioneer environmentalists, and it definitely was not because of legislation. The whales were saved because of the march of technology."


emphasis above in bold by this editor
"As kerosene became generally available throughout the country, the demand for whale oil dropped precipitously. The 735-ship fleet of 1846 had shrunk to 39 by 1876."















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