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by adrianN
547 days ago
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If there had been a few thousand times less coal on the world but all of it readily accessible the Industrial Revolution had been over before we had time to move on from steam engines. We probably would have used all of it for heating in antiquity. |
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Similarly, tin mining developed during antiquity. As easily accessible surface deposits were exploited, new sources were tapped from Cornwall to Bactria.
Scarcity theorists overlook the human element. Humanity itself is our greatest resource. Increases to our standard of living drive productivity gains. Leisure time offers opportunities for our ingenuity to solve additional problems. When measured by the decentralized markets, these endeavors further increase human productivity. The cycle continues and we all benefit.
https://en.wikipedia.org/wiki/Tin_sources_and_trade_during_a...