Book Author Profiles: Michael Munger and 'Tomorrow 3.0'

Monday, May 14, 2018

Munger, an economist and political science professor at Duke, explores the growing popularity of apps such as Uber and Airbnb and how these represents a fundamental change in transaction costs. Written for both general and specialist readers, the books shows the far-reaching consequences of the “sharing economy” and how reduced transaction costs may reshape the value of owning many things that we now consider essential.