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Phillips Machine information


Phillips Machine in the Science Museum, London

The Phillips Machine, also known as the MONIAC (Monetary National Income Analogue Computer), Phillips Hydraulic Computer and the Financephalograph, is an analogue computer which uses fluidic logic to model the workings of an economy. The name "MONIAC" is suggested by associating money and ENIAC, an early electronic digital computer.

It was created in 1949 by the New Zealand economist Bill Phillips to model the national economic processes of the United Kingdom, while Phillips was a student at the London School of Economics (LSE). While designed as a teaching tool, it was discovered to be quite accurate, and thus an effective economic simulator.

At least twelve machines were built, donated to or purchased by various organisations around the world. As of 2023, several are in working order.

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circulates through the economic plumbing. William Phillips, a famous economist and creator of the Phillips curve, invented the MONIAC, a hydraulic computer...

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The Phillips curve is an economic model, named after Bill Phillips, that correlates reduced unemployment with increasing wages in an economy. While Phillips...

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conservative perspective. Phillips, quoting Irving Kristol, defines herself as a liberal who has "been mugged by reality". Phillips has appeared as a panellist...

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Mike Phillips may refer to: Mike Phillips (baseball) (born 1950), American former professional baseball player Mike Phillips (basketball) (1956–2015)...

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presented Trevor Phillips on Sunday, a Sunday morning talk show on Sky News, from 2021 to 2022, and Sunday Morning on Sky News from 2023 Phillips was appointed...

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designs Archived 2016-01-31 at the Wayback Machine When a Phillips is not a Phillips When a Phillips is Not a Phillips Plus So Much More! Screw Drive Systems...

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Church Street in St Paul's. Phillips attended Kingsmead Primary School. The family later moved to Southampton where Phillips completed her schooling at...

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California, Berkeley, Phillips completed her PhD in 1933, a time when few women could pursue careers in science. In 1935, Oppenheimer and Phillips published their...

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affair with Heather Tonkin) and Stephanie Phillips, from her father's second marriage to Sandy Pflueger. Phillips attended Beaudesert Park School in Stroud...

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