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Phillips Machine
Phillips Machine in the Science Museum, London The Phillips Machine, also known as the MONIAC (Monetary National Income Analogue Computer), Phillips Hydraulic Computer and the Financephalograph, is an analogue computer which uses fluidic logic to model the workings of an economy. The name "MONIAC" is suggested by associating money and ENIAC, an early electronic digital computer. It was created in 1949 by the New Zealand economist Bill Phillips to model the national economic processes of the United Kingdom, while Phillips was a student at the London School of Economics (LSE). While designed as a teaching tool, it was discovered to be quite accurate, and thus an effective economic simulator. At least twelve machines were built, donated to or purchased by various organisations around the world. , several are in working order. History Phillips scrounged materials to create his prototype computer, including bits and pieces of war surplus parts from old Lancaster bombers. The f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MONIAC Computer
The MONIAC (Monetary National Income Analogue Computer), also known as the Phillips Hydraulic Computer and the Financephalograph, was created in 1949 by the New Zealand economist Bill Phillips to model 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. Description The MONIAC is approximately 2 m high, 1.2 m wide and almost 1 m deep, and consisted of a series of transparent plastic tanks and pipes which were fastened to a wooden board. Each tank represented some aspect of the UK national economy and the flow of money around the economy was illustrated by coloured water. At the top of the board was a large tank called the treasury. Water (representing money) flowed from the treasur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical eff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venice Biennale
The Venice Biennale (; it, La Biennale di Venezia) is an international cultural exhibition hosted annually in Venice, Italy by the Biennale Foundation. The biennale has been organised every year since 1895, which makes it the oldest of its kind. The main exhibition held in Castello, in the halls of the Arsenale and Biennale Gardens, alternates between art and architecture (hence the name ''biennale''; ''biennial''). The other events hosted by the Foundationspanning theatre, music, and danceare held annually in various parts of Venice, whereas the Venice Film Festival takes place at the Lido. Organization Art Biennale The Art Biennale (La Biennale d'Arte di Venezia), is one of the largest and most important contemporary visual art exhibitions in the world. So-called because it is held biannually (in odd-numbered years), it is the original biennale on which others in the world have been modeled. The exhibition space spans over 7,000 square meters, and artists from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wellington, New Zealand
Wellington ( mi, Te Whanganui-a-Tara or ) is the capital city of New Zealand. It is located at the south-western tip of the North Island, between Cook Strait and the Remutaka Range. Wellington is the second-largest city in New Zealand by metro area, and is the administrative centre of the Wellington Region. It is the world's southernmost capital of a sovereign state. Wellington features a temperate maritime climate, and is the world's windiest city by average wind speed. Legends recount that Kupe discovered and explored the region in about the 10th century, with initial settlement by Māori iwi such as Rangitāne and Muaūpoko. The disruptions of the Musket Wars led to them being overwhelmed by northern iwi such as Te Āti Awa by the early 19th century. Wellington's current form was originally designed by Captain William Mein Smith, the first Surveyor General for Edward Wakefield's New Zealand Company, in 1840. The Wellington urban area, which only includes urb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand Institute Of Economic Research
The New Zealand Institute of Economic Research (NZIER) is the largest independent think tank in New Zealand. It is non-profit incorporated society and was established in 1958. It seeks to take a centrist, politically neutral position. It has a staff of more than 30 people and is probably the largest economic research unit in New Zealand outside of government. Most of its work is commercial microeconomic consultancy for businesses. It also does public good work. Past directors include Alan Bollard Alan Esmond Bollard (born 5 June 1951) is a New Zealand economist. He currently serves as the as chair of the New Zealand Infrastructure Commission. He previously served as the Executive Director of the Asia Pacific Economic Cooperation (APEC) ... and Brian Easton, and a past chair was Ron Trotter. The Institute owns a MONIAC computer that is currently on loan to the Reserve Bank of New Zealand museum. References External linksNew Zealand Institute of Economic ResearchThe evo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Science Museum (London)
The Science Museum is a major museum on Exhibition Road in South Kensington, London. It was founded in 1857 and is one of the city's major tourist attractions, attracting 3.3 million visitors annually in 2019. Like other publicly funded national museums in the United Kingdom, the Science Museum does not charge visitors for admission, although visitors are requested to make a donation if they are able. Temporary exhibitions may incur an admission fee. It is one of the five museums in the Science Museum Group. Founding and history The museum was founded in 1857 under Bennet Woodcroft from the collection of the Royal Society of Arts and surplus items from the Great Exhibition as part of the South Kensington Museum, together with what is now the Victoria and Albert Museum. It included a collection of machinery which became the ''Museum of Patents'' in 1858, and the ''Patent Office Museum'' in 1863. This collection contained many of the most famous exhibits of what is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Istanbul University
, image = Istanbul_University_logo.svg , image_size = 200px , latin_name = Universitas Istanbulensis , motto = tr, Tarihten Geleceğe Bilim Köprüsü , mottoeng = Science Bridge from Past to the Future , established = 1453 1846 1933 , type = Public university Research university , rector = Prof. Dr. Mahmut Ak , students = 69,411 , undergrad = 51,714 , postgrad = 16,669 , academic_staff = 4,101 , city = Istanbul , country = Turkey , campus = Beyazıt CampusVezneciler CampusAvcılar CampusÇapa CampusKadıköy Campus , coor = , colors = Green Yellow , affiliations = Coimbra Group EUA UNIMED , website = , free_label = Founder , free = Mehmed II Istanbul University ( tr, İstanbul Üniversitesi) is a prominent public research university located in Istanbul, Turkey. Founded by Mehmed II on May 30, 1453, a day after the conquest of Constantinople by the Turks, it was reformed in 1846 as the first Ottoman higher education institution based on Europe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guatemala
Guatemala ( ; ), officially the Republic of Guatemala ( es, República de Guatemala, links=no), is a country in Central America. It is bordered to the north and west by Mexico; to the northeast by Belize and the Caribbean; to the east by Honduras; to the southeast by El Salvador and to the south by the Pacific Ocean. With an estimated population of around million, Guatemala is the most populous country in Central America and the 11th most populous country in the Americas. It is a representative democracy with its capital and largest city being Nueva Guatemala de la Asunción, also known as Guatemala City, the most populous city in Central America. The territory of modern Guatemala hosted the core of the Maya civilization, which extended across Mesoamerica. In the 16th century, most of this area was conquered by the Spanish and claimed as part of the viceroyalty of New Spain. Guatemala attained independence in 1821 from Spain and Mexico. In 1823, it became part of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in China's Jiangling Motors. It also has joint ventures in China ( Changan Ford), Taiwan ( Ford Lio Ho), Thailand ( AutoAlliance Thailand), and Turkey ( Ford Otosan). The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines; by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Melbourne University
The University of Melbourne is a public research university located in Melbourne, Australia. Founded in 1853, it is Australia's second oldest university and the oldest in Victoria. Its main campus is located in Parkville, an inner suburb north of Melbourne's central business district, with several other campuses located across Victoria. Incorporated in the 19th century by the colony of Victoria, the University of Melbourne is one of Australia's six sandstone universities and a member of the Group of Eight, Universitas 21, Washington University's McDonnell International Scholars Academy, and the Association of Pacific Rim Universities. Since 1872, many residential colleges have become affiliated with the university, providing accommodation for students and faculty, and academic, sporting and cultural programs. There are ten colleges located on the main campus and in nearby suburbs. The university comprises ten separate academic units and is associated with numerous in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roosevelt University
Roosevelt University is a Private school, private university with campuses in Chicago and Schaumburg, Illinois, Schaumburg, Illinois. Founded in 1945, the university was named in honor of United States President Franklin Delano Roosevelt, Franklin Delano Roosevelt and First Lady Eleanor Roosevelt, Eleanor Roosevelt. The university enrolls around 6,000 students between its undergraduate and graduate school, graduate programs. Roosevelt is also home to the Chicago College of Performing Arts. The university's newest academic building, Wabash, is located in Chicago Loop, The Loop of Downtown Chicago. It is the tallest educational building in Chicago, the second tallest educational building in the United States, and the fourth-largest academic complex in the world. History The university was founded in 1945 by Edward J. Sparling, the former president of Central YMCA College in Chicago. He refused to provide Central YMCA College's board with the demographic data of the student body ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA program, management-related doctoral programs, and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and the monthly ''Harvard Business Review''. It is also home to the Baker Library/Bloomberg Center. History The school was established in 1908. Initially established by the humanities faculty, it received independent status in 1910, and became a separate administrative unit in 1913. The first dean was historian Edwin Francis Gay (1867–1946). Yogev (2001) explains the original concept: :This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French ''Ecole d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
