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.

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Kent Anderson

Kent Anderson

Kent Anderson is the CEO of RedLink and RedLink Network, a past-President of SSP, and the founder of the Scholarly Kitchen. He has worked as Publisher at AAAS/Science, CEO/Publisher of JBJS, Inc., a publishing executive at the Massachusetts Medical Society, Publishing Director of the New England Journal of Medicine, and Director of Medical Journals at the American Academy of Pediatrics. Opinions on social media or blogs are his own.

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2 Thoughts on "Economic Stocks and Flows — A Lecture Using a Phillips MONIAC Economic Analog"

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

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