Think of this as an accompaniment to Picture of the Week: i.e. anything that doesn’t fit neatly under that heading will get squeezed into this one instead.  I suspect we’ll be featuring mainly museum exhibits, but I may come up with the occasional sculpture, installation or what have you…  First up:

Phillips Economic Computer

What the hell is that?  Good question.  It is, in a nutshell, an attempt at creating both a model and clear visual representation of national economics in action – using, of course, the universal language of dyed water.

Known to its friends as?  The Phillips Economic Computer.  Or the Phillips Hydraulic Computer.  Or the Financephalograph.  Or the MONIAC (Monetary National Income Automatic Computer).  Crazy object, crazy names.

Where can this beast be located?  Formerly in a dusty basement at the LSE, now in the computing section of London’s Science Museum(although potentially up to another 13 exist around the world).  Although not currently in operation, a video of the MONIAC’s multi-coloured computational flow enlightens viewers on a constant loop.  As the blue waters and the red waters and the yellow waters show, when the savings flow exceeds the investment flow, the surplus-balances tank will rise.

Wha…??  Well, yes, precisely.  Find out more about this wonderful, wonderful invention here.  Expect Gordon Brown and Alistair Darling to start work on the 21st Century equivalent any day now.

* Fortnightly is just a wild guess actually.

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