Kōrero: Spending in the economy

Bill Phillips’ MONIAC

Bill Phillips’ MONIAC

Bill Phillips built the MONIAC, using perspex and parts scavenged from a Lancaster bomber, in a friend’s garage in Surrey, England. The MONIAC (short for Monetary National Income Analogue Computer) could carry out calculations and was programmable. Fiscal policy, monetary policy and exchange rates could all be studied.

Image courtesy of Stephen A'Court

Te whakamahi i tēnei tūemi

Reserve Bank of New Zealand
Photograph by Stephen A'Court

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Te tuhi tohutoro mō tēnei whārangi:

Paul Dalziel, 'Spending in the economy - Spending stabilisation', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/photograph/21638/bill-phillips-moniac (accessed 30 March 2024)

He kōrero nā Paul Dalziel, i tāngia i te 11 Mar 2010, updated 16 Sep 2016