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About: Capitol Hill Babysitting Co-op     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.org associated with source document(s)

Type: yago:WikicatCooperativesyago:WikicatCooperativesInTheUnitedStatesyago:Abstraction100002137yago:CommercialEnterprise108065093yago:Cooperative101100877yago:Enterprise108056231yago:Group100031264yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityyago:SocialGroup107950920 New Facet based on Instances of this Class

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.