The sharing economy is about reducing transaction costs. As Duke University Professor Michael Munger wrote for the IEA last year, … Continue reading “A note on sharing economy platforms, in light of the Uber ruling”

Over the summer of 2015, senator and presidential candidate Bernie Sanders said that he had “serious problems” with ridesharing company … Continue reading “The economic case for ‘unregulated’ ride-sharing apps”

There have been two enormous “revolutions” in human history. The first was the Neolithic, or the wide scale switch from … Continue reading “Tomorrow 3.0”

At Europe Economics, we recently completed a major report on the Sharing Economy. Looking at the growing research literature, it … Continue reading “Three things everyone knows about the Sharing Economy that are probably wrong”

If markets are so great, why do firms exist at all? To a non-economist, that might seem like a bizarre … Continue reading “Uber, drills, and why the decline of ownership is a good thing”

Unlike many other advocates of free markets, I quite like Channel 4 News economics editor Paul Mason. His journalistic approach, informative … Continue reading “Paul Mason’s Postcapitalism: The left’s unwitting conversion to neoliberal economics”