Tag Archive for 'MONIAC'

Engineer Explains The Economy?

Today’s post is from a new book I’m reading… It’s so valuable, I’m keeping the title secret for my most trusted clients – to make sure they stay ahead of their competitors… But there was something in it I wanted to share with you since we’ve been focusing on engineers this year, making sure they develop their business skills and aptitudes to succeed in their businesses and/or careers. It’s about an engineer, Bill Phillips who came up with the MONIAC (Monetary National Income Analogue Computer) also known as the Phillips Hydraulic Computer and the Financephalograph, in 1949.

It models the national economic processes of the United Kingdom, while Phillips was a student at the London School of Economics (LSE), The MONIAC was an analogue computer which used fluidic logic to model the workings of an economy. The MONIAC name may have been suggested by an association of money and ENIAC, an early electronic digital computer.

The reason I’m posting this is to show you that as a professional engineer, you need to get access to stuff like this to realise that your talents, skills, abilities and aptitudes have their use in a wide variety of situations. As The Exponential Growth Strategist, that’s what I do for my clients – I teach them to THINK DIFFERENTLY. I’ve designed special courses just for engineers to make sure they learn how to leverage their superior analytical skills to their advantage in their business, projects and/or careers.

Here is the first video that introduces the Moniac.

This second video explains it in more detail…
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