The FT Money Machine Event

In 1949, after an extraordinary early life, Bill Phillips, an LSE undergraduate, produced a revolutionary interactive analogue computer, the Moniac (Monetary National Income Analogue Computer), that used water to simulate flows of money around the economy: controls allow the user to adjust levels of consumption, taxation and investment and see the resulting impact of their actions on the economy. The machine's landmark status is acknowledged by its inclusion in the British Science Museum. After a meteoric rise, Phillips was appointed to the Tooke Chair of Economic Science and Statistics in 1958, the year his famous Phillips’ Curve paper was published.

The Financial Times (FT) and Infosys have collaborated to use the modern capabilities of Apple Vision Pro headsets to bring this extraordinary work back into the classroom. In collaboration with Cambridge University, the project team have created an immersive and interactive app with the aim of introducing economics to a new generation of students.

Martin Wolf, (FT Chief Economics Commentator) and Alan Smith, (FT Head of Visual and Data Journalism) , are just a few of the confirmed guest members on the panel chaired by LSE’s Nicholas Barr.

Please contact Lubala Chibwe by Wednesday 11 September if you would like to attend.