Alexis Questions Episode 001: Alexis Questions... Nobel Prize-Winning Economist Paul Krugman!

In this episode, we discuss economist Paul Krugman's famous Capitol Hill babysitting co-op and its (il)legitimate(?) application to the general economy. Is this an appropriate model of how mild inflation can help stimulate the economy? Or is it simply revealing the psychology of how people perceive wealth?

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Topics Discussed: Paul Krugman, inflation, deflation, economics, finance, currency, scrip, barter, central bank, babysitting coupons, capital hill co-op, decentralization, decentralized monetary system, centralized monetary system, mintage, seniorage, private mintage, government mintage