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Phillip's Economic Computer, 1949.

Phillip's Economic Computer, 1949.
4 0 c m
actual image size: 25cm x 32cm


Lower left detail of Phillip's Economic Computer, the machine conceived by Bill Phillips (1914-1975), a New Zealand-born engineer turned economist. Phillips designed the machine to demonstrate in a visual way the circular flow of money within the economy. Approximately fourteen machines were built, and this particular machine was used as a teaching aid at the London School of Economics. It ran until May 1992.

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