Showing posts with label private property. Show all posts
Showing posts with label private property. Show all posts

Tuesday, December 23, 2014

Monetary National Income Analogue Computer


"MONIAC" by Kaihsu Tai - Own work. Licensed under Public Domain via Wikimedia Commons.

I discovered the MONIAC computer this morning in Chapter 1 of Take Back The Economy: An Ethical Guide for Transforming Our Communities by J. K. Gibson-Graham, Jenny Cameron and Stephen Healy. With the first one built in 1949, perhaps only fourteen copies of this water powered computers were made. Using water tanks, levers, opening/closing valves and pipes models of economic change could be "predicted." I recommend you check out this DIY book.

Here's a demonstration of a working MONIAC: