James Meade played an important role in the 1951 development of the “Mark II” Newlyn-Phillips machine, including making it fit for connection to a mirror-image machine so that policy interactions between two countries could be demonstrated. In 1952 Phillips built, for Meade, a “foreign exchange market” to link two machines. This article reconstructs the linking device from archival evidence, and places the resulting two- country model in the context of Meade’s thought.
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Colin Danby; Meade, Phillips, and the Two-Country Model. History of Political Economy 1 August 2021; 53 (4): 673–695. doi: https://doi.org/10.1215/00182702-9308911
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