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by ftlio
3404 days ago
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This stratfor article discusses the natural capital afforded to the US:
https://www.stratfor.com/analysis/geopolitics-united-states-... both in terms of transportation networks and being removed by an ocean from the costly power struggles of Europe (which I'll add can be seen in the numbers of casualties for Americans in the first and second world war relative to our European counterparts and realized gains from those wars). There is also an interesting observation by Nick Szabo about the value of a transportation network: '
Combine this with Metcalfe's Law and we reach a dramatic but solid mathematical conclusion: the potential value of a land transportation network is the inverse fourth power of the cost of that transportation. A reduction in transportation costs in a trade network by a factor of two increases the potential value of that network by a factor of sixteen.' http://unenumerated.blogspot.com/2014/10/transportation-dive... So yes, the actual land we occupy is worth booku bucks. |
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