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Great essay Steve. Toward the end the whale oil industry, they blamed it’s decline on the "increasingly low character and poor seamanship of whalers, and the increasing shyness of the beasts" (not a word about their near extinction).

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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