Water powered economic model

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Group members may find this of interest. A water powered economic model developed by Bill Philips an Engineer and Economist at the LSE in 1949. It is called the ‘Philip's Machine' or ‘MONIAC' (Monetary National Income Analogue Computer).

http://www.youtube.com/watch?v=rVOhYROKeu4

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2 Replies

interesting but not practical ...

interesting but not practical i guess.

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thats really interesting.

thats really interesting.

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