“In a moment Krugman is going to liken this babysitter co-op to the economy.”

I don’t care if he’s using Nobel Prizes for ballast on his yacht: Paul Krugman does not grasp absolutely basic economic ideas facts. He does not understand the difference between money and vouchers.

The next time someone tries to lay Krugman on you because Nobel Prize! and New York Times!, show them this piece.

And here’s some nice music.