US EditionThe Collier Problem: Toward a Definition and ApplicationEmailRSS
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The Collier Problem: Toward a Definition and ApplicationEmailRSS
A Collier problem occurs whenever a new technology requires the technology it nominally replaces to function due to efficiency limits. Steam ships replaced sailing ships, but without windjammers the steamships could not function. This led to worldwide exports, paradoxically with large sailing vessels often transporting the coal needed by steamships, as they were more economical to operate on long oceanic sea routes. Read more: Woods, Steven. “Th…
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