Michael Munger on NPR discusses the sharing economy

Tuesday, June 12, 2018
Michael Munger on NPR discusses the sharing economy

Michael Munger joins host Frank Stasio to talk about his new book: Tomorrow 3.0: Transaction Costs and the Shared Economy (Cambridge University Press/2018) which describes a movement that Munger says will rival the Industrial Revolution. In the short term, he sees an acceleration in job loss with jobs being replaced by temporary gigs and a struggle to earn a living wage. In the long term, Munger believes this system of shared economy will foster a spirit of sharing, reduce the need for individual ownership of goods and therefore reduce the overall carbon footprint.

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