What I had not known until running across this article by Klint Finley in the most recent issue of Wired magazine is that a Cambridge engineering professor Allan McRobie has restored a MONIAC. Moreover, McRobie offers a lively 45-minute demonstration of the MONIAC at work on video here. As he says at the start: "It is a fabulous pleasure to demonstrate this. It is a thing of wonder and joy, and I would give this talk to an empty room. It is a brilliant machine, and a privilege for me to work with it."Conversable EconomistMONIAC in Action!
Timothy Taylor | Managing editor of the Journal of Economic Perspectives, based at Macalester College in St. Paul, Minnesota
MONIAC models the system under metals.... it has banks lending out the savings, etc...
ReplyDelete