A great collection of articles on space settlement is found here by compiled by Al Globus. In summary,
"The key advantage of space settlements is the ability to build new land,
rather than take it from someone else. This allows a huge expansion of
humanity without war or destruction of Earth's biosphere. The
asteroids alone provide enough material to make new orbital land
hundreds of times greater than the surface of the Earth, divided into
millions of colonies. This land can easily support trillions of people."
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