Economics, Education, Experimentation, Historical, Metrics and Analytics, Research, Technology, Tools

Economic Stocks and Flows — A Lecture Using a Phillips MONIAC Economic Analog

While you are reading this on your slick desktop computer system, it’s worth remembering that computing has a physical aspect, and that some powerful and informative computers existed decades ago. In this video, a MONIAC (monetary national income analog computer) has been revived from its 1950s heyday. This computer was built to model the economic flows of a national economy, in this case Great Britain. As you’ll see, there’s plenty to be learned from a water-driven fluidic computer.

Happy Friday!

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About Kent Anderson

I am the CEO/Publisher of the Journal of Bone & Joint Surgery, Inc. Prior to this, I was an executive at the New England Journal of Medicine. I also was Director of Medical Journals at the American Academy of Pediatrics.

Discussion

2 Responses to “Economic Stocks and Flows — A Lecture Using a Phillips MONIAC Economic Analog”

  1. The 46-minute lecture at http://www.sms.cam.ac.uk/media/1094078 is entertaining and informative.

    Posted by Bill Everett | Jul 14, 2012, 2:59 am
  2. An experiment is a methodical trial and error procedure carried out with the goal of verifying, falsifying, or establishing the validity of a hypothesis.1243

    Posted by знакомства общение встречи | Jul 18, 2012, 7:21 am

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