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Dictionary

Words, grammatical forms and meanings linked to the ontology.

MONIAC en · PROPN

Etymology

Blend of money + ENIAC.

Meanings

  1. (abbreviation, acronym, alt-of) Acronym of Monetary National Income Analogue Computer.
    • An amusing invention was the MONIAC (MOnetary National Income Analogue Computer) hydraulic macroeconomic machine where flows of investment or export were represented by streaming coloured water in transparent tubes, and the stock of money by a water tank, whereas taxation was controlled through a valve. 2018, Tönu Puu, Disequilibrium Economics: Oligopoly, Trade, and Macrodynamics, Springer, →ISBN, page 204: