NP

Nathaniel Philbrick

Things Nathaniel Says on Podcasts

Where to Find Them

Nathaniel Philbrick has been a guest on The Daily Stoic , America Adapts the Climate Change Podcast and Freakonomics Radio .

Recently: “The New Gilded Age: Are We Repeating the Gold Rush? | Nathaniel Philbrick” on The Daily Stoic (October 2026); “The First Great American Industry (Update)” on Freakonomics Radio (August 2025); “Nantucket Island's Coskata-Coatue Wildlife Refuge: A Brief Ecological and Cultural History and How it's Adapting to Climate Change – Episode 1” on America Adapts the Climate Change Podcast (July 2021).

What They Said

“They go from miners with pans to creating these industrial-sized hoses, hydraulic mining, capable of washing away entire hillsides. … San Francisco to this day is shallower than it was before the gold rush because of all the junk that's come down the rivers as a consequence of the California gold rush.” — Nathaniel Philbrick, The Daily Stoic

Philbrick describing how gold mining in California industrialised: a handful of men with hoses, working for corporations, replaced thousands of individual miners, and the silt they washed loose went down the rivers. He uses it as an example of what happens when technology moves faster than any elected government can respond.

The Daily Stoic · 2026-10-10 Permalink → Listen →
The Daily Stoic Around 20:07 into the episode
Speaker 2

…the principle of creating instant wealth. And it's a crucible for all the dark impulses in humanity. And so people who come to California are immersed in this. And so it's a great opportunity for that dark energy. And I think it's fascinating to see how the light is never completely extinguished.

Speaker 1

…do that at an industrial scale for us, right? Like it feels like maybe not a big distinction if you're one of those people on the ground, but it is a distinction, right? Like within the normal bounds and then the sort of untrammeled, unlimited direction that certain extremists want to take things.

Speaker 2

…they go from miners with pans to creating these industrial-sized hoses, hydraulic mining, capable of washing away entire hillsides. And pretty soon you've got corporations with a handful of people with these hoses replacing what thousands of individual miners were doing. And in the process, you know, destroying the landscape. You know, you've got silt going down the rivers, clogging things up. San Francisco to this day is shallower than it was before the gold rush because of all the junk that's come down the rivers as a consequence of the California gold rush. And, you know, and if you just let it go, that's what happens. You need to balance things. The example of California is any kind of example. It takes time for government to catch up to what's happening. Things are happening so quickly that no elected democratic government can respond as fast as things change, particularly in California in the 19th century.

Speaker 1

Yeah, I mean, one of the things I was so struck by in the book is just the past is prologue, just how much the themes of what was battling and going around in California, first in the gold rush and then in the boom of the railroads, which is the other fascinating part of the book. These are the…

Speaker 2

After writing this book, it seemed to me that there's just such a through line from the discovery of gold to where we are today, whether it's Silicon Valley or whatever, because you have technology meets this lust for instant riches with this sense that just go ahead and do it. Don't wait for the…

Speaker 1

Yeah, it's like you look back at whaling and you go, man, their interests eventually tends towards oblivion and sort of extremes, right? So it's like, hey, they can't regulate themselves. They can't help themselves, right? It's a collective action problem. And then the gold rush, it's the same…

Speaker names from our own diarization · position estimated from where the line sits in the episode
“This has been said so many times that those who don't know their history are doomed to repeat it. … And I am here before you today to say, even if you know your history, you're doomed to repeat it. Because when you're in the moment, you have no historical perspective. You see things in terms of your impulses, what's good for you. You have no sense of where things are headed.” — Nathaniel Philbrick, The Daily Stoic

Philbrick, a historian with a new book on the California gold rush, had just been asked why each boom, from whaling to gold to the railroads, looks in hindsight like too much too fast, and yet the pattern never gets recognised while it is happening. He ends the thought by imagining people a century from now asking what we were thinking.

The Daily Stoic · 2026-10-10 Permalink → Listen →
The Daily Stoic Around 22:43 into the episode
Speaker 2

…do it and the rest will fall into place. And with no sense of, hey, we're going to stick around. And the thing is, we're going to move on. There was an expression after me, the deluge, we'll just move on. And boy, that sounds familiar when you look at the current gold rushes where. The middle of.

Speaker 1

…the railroads and sort of creating this class of tycoons and robber barons. We always look back on it and we go, okay, that was too much too fast. We needed to rein it in. And then it's so interesting in the present moment, we are just always unable to learn that lesson or recognize that pattern.

Speaker 2

Absolutely. You know, it's, you know, this has been said so many times that those who don't know their history are doomed to repeat it. Sure. And I am here before you today to say, even if you know your history, you're doomed to repeat it. Because when you're in the moment, you have no historical perspective. You see things in terms of your impulses, what's good for you. You have no sense of where things are headed. You're just driven by the moment. And it blinds you in many instances to the ultimate consequences. If there is a future in 100 years, they're going to look back and say, what were these people thinking? You had a chance.

Speaker 1

You had a chance in the early days to do something about this, and you let it spin larger and larger and larger until it was unstoppable.

Speaker 2

Yep. And that is the story of humanity, particularly when it has technology at its beck and call. That's where things accelerate. I mean, that's what happened with the gold rush. You had the impulse for wealth linked to these new technologies that made things happen so quickly. Government couldn't…

Speaker 1

think anyone who's trying to figure out what's happening in the world right now should read this book because you see it happen twice. First, all the money and power from the gold rush tries to take over the political system. That's the slave powers heading west and trying to continue to hijack the…

Speaker names from our own diarization · position estimated from where the line sits in the episode

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