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Erschienen in:
How We Do Economics Today Kapitel lesen Erstes Kapitel lesen

2018 | OriginalPaper | Buchkapitel

7. Energy, Wealth, and the American Dream

verfasst von : Charles A. S. Hall, Kent Klitgaard

Erschienen in: Energy and the Wealth of Nations

Verlag: Springer International Publishing

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Abstract

The Americas were the last major liveable continents to be settled by humans. When first Asians («Native Americans» or «Indians») and then Europeans (and those they brought from Africa and Asia as slaves or laborers) settled in the Americas, they found enormous lands empty (or empty-able) of other humans with incredibly rich resources. Having emigrated from relatively densely populated and socially and economically stratified Asia and Europe, the Americas represented enormous resources power capita and the freedom to exploit those resources and hence generate wealth. This of course is a well-known story told to most American children with a focus on the various heroic activities of our ancestors. But it is also a story about energy.

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Vorheriges Kapitel The Evolution of Humans and Their Economies
Nächstes Kapitel The Petroleum Revolution and the First Half of the Age of Oil
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Metadaten
Titel
Energy, Wealth, and the American Dream
verfasst von
Charles A. S. Hall
Kent Klitgaard
Copyright-Jahr
2018
Buch
Energy and the Wealth of Nations

Print ISBN: 978-3-319-66217-6

Electronic ISBN: 978-3-319-66219-0

Copyright-Jahr: 2018

DOI
https://doi.org/10.1007/978-3-319-66219-0_7