An Entity of Type: Cooperative101100877,
from Named Graph: http://dbpedia.org,
within Data Space: dbpedia.org
The Capitol Hill Babysitting Cooperative (CHBC) is a cooperative located in Washington, D.C., whose purpose is to fairly distribute the responsibility of babysitting between its members. The co-op is often used as an allegory for a demand-oriented model of an economy. The allegory illustrates several economic concepts, including the paradox of thrift and the importance of the money supply to an economy's well-being. The allegory has received continuing attention, particularly in the wake of the late-2000s recession.
