MONIAC
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The MONIAC (Monetary National Income Analogue Computer), also known as Phillips Hydraulic Computer or Financephalograph, is an analog computer that simulates the flow of money through an economy using water flows ( fluidics ) . The computer was designed and assembled by New Zealand economist and inventor Alban W. Phillips in 1949 while Phillips was a student at the London School of Economics (LSE). About fourteen copies of the MONIAC were built.
functionality
The MONIAC was able to perform complex calculations that other computers at the time could not process. Different water tanks simulated households, economy, state, export and import. The calculations were based on assumptions of Keynesianism and classical economics .
Existing copies
Original MONIACs are currently in the following locations:
- The prototype is at the Economics Department at the University of Leeds , United Kingdom
- Science Museum in London, United Kingdom
- Faculty of Economics and Politics at Cambridge University , United Kingdom
- Erasmus University Rotterdam , Netherlands
- Faculty Of Economics at Istanbul University , Turkey
- Harvard Business School , United States
- Roosevelt College , United States
- Giblin Eunson Library of the University of Melbourne , Australia
- Reserve Bank of New Zealand Museum on loan from the New Zealand Institute of Economic Research , New Zealand.
- Central Bank of Guatemala
- Ford Motor Company
- Clausthal University of Technology , in the Institute for Economics
In 2005, a replica of the calculator was made in the central bank of Guatemala and has been in the Wattis Institute of the California College of the Arts, San Francisco since then.
literature
- N. Barr. 2000. "The history of the Phillips machine", in: R. Leeson (ed.). AWH Phillips: Collected Works in Contemporary Perspective. Cambridge University Press, Cambridge, UK.
- Chris Bissell. 2007. Historical perspectives - The Moniac A Hydromechanical Analog Computer of the 1950s. IEEE Control Systems Magazine, 27 (1), pp. 59-64. doi : 10.1109 / MCS.2007.284511
- Reserve Bank of New Zealand. 2008. About the Reserve Bank Museum. Bill Phillips and the MONIAC. , P. 15.
Web links
- Explanation of the functionality with animated representation (English)
- Video: Demonstration of MONIAC (English, 46 minutes)
Individual evidence
- ↑ http://www.rbnzmuseum.govt.nz/activities/moniac/introduction.aspx
- ↑ ibid
- ^ 1st Floor, Business and Economics Building, 111 Barry st, Carlton, Melbourne
- ↑ NZIER. NZIER's Moniac machine. Archived copy ( memento of the original from July 23, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Michael Stevenson: Tropical Economies
