MONIAC hydraulic computer
E862172
The MONIAC hydraulic computer is an analog machine that uses flowing water through tanks and pipes to simulate and visualize the behavior of a national economy.
Statements (51)
| Predicate | Object |
|---|---|
| instanceOf |
analog computer
ⓘ
economic simulator ⓘ hydraulic computer ⓘ |
| acronymFor | Monetary National Income Analogue Computer NERFINISHED ⓘ |
| alsoKnownAs |
MONIAC
NERFINISHED
ⓘ
Monetary National Income Analogue Computer NERFINISHED ⓘ Phillips Machine NERFINISHED ⓘ |
| computingPrinciple | hydraulic analogy ⓘ |
| controlMethod | manual adjustment of valves ⓘ |
| countryOfOrigin | United Kingdom ⓘ |
| designedFor |
economic research demonstration
ⓘ
teaching macroeconomics ⓘ |
| developerAffiliation | London School of Economics NERFINISHED ⓘ |
| era | post-World War II period ⓘ |
| fieldOfUse |
economic education
ⓘ
macroeconomics ⓘ systems dynamics ⓘ |
| hasComponent |
pipes
ⓘ
pumps ⓘ tanks ⓘ valves ⓘ |
| historicalSignificance |
early analog computer for economics
ⓘ
pioneering macroeconomic teaching tool ⓘ |
| inception | 1949 ⓘ |
| influenced | later economic simulation models ⓘ |
| inventor | Bill Phillips NERFINISHED ⓘ |
| mainFunction |
simulate macroeconomic processes
ⓘ
simulate national income flows ⓘ visualize behavior of a national economy ⓘ |
| material |
metal framework
ⓘ
plexiglass ⓘ |
| notableFeature | physical embodiment of Keynesian economic model ⓘ |
| numberOfUnitsBuilt | approximately 14 ⓘ |
| powerSource | electric pump ⓘ |
| representationMethod |
water flows represent monetary flows
ⓘ
water levels represent monetary stocks ⓘ |
| represents |
consumption
ⓘ
exports ⓘ government spending ⓘ imports ⓘ investment ⓘ national income ⓘ taxation ⓘ |
| scale | room-sized machine ⓘ |
| usedAt |
London School of Economics
NERFINISHED
ⓘ
universities in New Zealand ⓘ universities in the United Kingdom ⓘ universities in the United States ⓘ |
| usesMedium | water ⓘ |
| visualizationType |
graduated tanks and gauges
ⓘ
visible water flows ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.