IEEE Control Systems · 2007 · 51 citations · 8 references
EngineeringEconomicsPhysicsFluid DynamicsHydraulic EngineeringHydraulicsComputational ModelingControl SystemsHydraulic MachinesHydraulic ModelingHydraulic SystemsDynamic Systems ApproachEconomic SimulationHydraulic System ModelingHydraulic System SimulationPhillips Model
The Moniac, or Phillips machine as it is more commonly known is unusual, perhaps unique, in the world of analog computers and simulators in employing hydraulic components to simulate dynamic systems, rather than electrical or mechanical devices. While the machine may seem quaint to us now, it is difficult to imagine that any other contemporary simulator would have been quite so successful in directly demonstrating the dynamic behavior of an economic system both to students and professional economists. This article aims to bring wider attention to the machine while emphasizing the relationship between Phillip's work and control engineering
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Stabilisation Policy in a Closed Economy
Allyn W. Phillips · The Economic Journal · 1954 · 590 citations
Stabilisation Policy and the Time-Forms of Lagged Responses
Allyn W. Phillips · The Economic Journal · 1957 · 334 citations
Mechanical Models in Economic Dynamics
Allyn W. Phillips · Economica · 1950 · 130 citations