hydraulic economic computer MONIAC
E862171
The hydraulic economic computer MONIAC is an analog machine built in the late 1940s that uses flowing colored water through tanks and pipes to simulate and visualize the workings of a national economy.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| MONIAC | 0 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
analog computer
ⓘ
economic simulator ⓘ hydraulic computer ⓘ teaching device ⓘ |
| alsoKnownAs |
Phillips Machine
NERFINISHED
ⓘ
hydraulic economic computer MONIAC NERFINISHED ⓘ |
| builtIn | late 1940s ⓘ |
| countryOfOrigin | United Kingdom ⓘ |
| designedFor |
classroom demonstration
ⓘ
policy experimentation ⓘ |
| developerAffiliation | London School of Economics NERFINISHED ⓘ |
| developmentStartDate | 1949 ⓘ |
| era | post-World War II ⓘ |
| exhibitedAt |
London School of Economics
NERFINISHED
ⓘ
various universities worldwide ⓘ |
| fullName | Monetary National Income Analogue Computer NERFINISHED ⓘ |
| hasComponent |
pipes
ⓘ
pumps ⓘ reservoirs ⓘ tanks ⓘ transparent panels ⓘ valves ⓘ |
| historicalSignificance |
early analog computer for economics
ⓘ
pioneering physical model of a national economy ⓘ |
| inputType | adjustable valves and settings ⓘ |
| inventor |
A. W. H. Phillips
NERFINISHED
ⓘ
Bill Phillips NERFINISHED ⓘ |
| outputType | water levels and flow rates ⓘ |
| physicalPrinciple | hydraulic flow analogy ⓘ |
| powerSource | electric pump ⓘ |
| primaryPurpose |
to simulate a national economy
ⓘ
to teach macroeconomics ⓘ to visualize flows of national income ⓘ |
| represents |
consumption
ⓘ
exports ⓘ government spending ⓘ imports ⓘ investment ⓘ money supply flows ⓘ national income ⓘ savings ⓘ taxation ⓘ |
| scale | room-sized machine ⓘ |
| simulationDomain |
Keynesian economics
ⓘ
macroeconomics ⓘ national income accounting ⓘ |
| technologyType | pre-digital computing device ⓘ |
| usesMedium |
colored water
ⓘ
water ⓘ |
| visualizationMethod | flowing colored water ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.