Baby-Sitting the Economy

Assignment Overview
The article I want you to read is at the very top and is called “Baby-Sitting the Economy” by Paul Krugman:
Write an essay answering the following 5 questions.
1. Summarize the Article
2. Discuss the scrip – which of the functions of money does it have? Explain. Is there an alternative method the babysitting co-op could have implemented to make sure everyone does their fair share?
3. How did the co-op handle the recession? Which type of policy did they implement? Why do you think this solution worked while the legislation did not?
4. Krugman imagines that the co-op might have eventually allowed couples to borrow extra coupons and repay them later. Which concept that we learned in our class does this relate to the most? What does allowing for borrowing add to the economy?
5. Why did the low amount of scrip lead to a recession? Name one way the co-op might have responded that would have caused the recession to turn into a depression. Describe in a few sentences how the Great Recession is different from this recession.

Don't use plagiarized sources. Get Your Custom Essay on
Baby-Sitting the Economy
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay
Homework Paper
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Free Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Free Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.


Flexible Pricing

Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.


Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.


Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.


Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.