Meade, Phillips, and the Two-Country Model

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.