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”

Commenting on the employment tribunal ruling on Uber, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “It’s … Continue reading “Uber ruling will hurt both drivers and consumers”

“How could they be so heartless?” declared a newspaper on Facebook. “Shame on you” screamed the paper’s headline. No, this … Continue reading “The public are wrong. A defence of ‘heartless’ surge-pricing”

London’s mayor Sadiq Khan is in the process of attempting to increase the regulatory burden on Uber and other app … Continue reading “How app-based ride sharing services overcome information asymmetries”

Several anticapitalist slogans riff on the contrast between people and profit, and nobody thinks John Lennon’s song “Power to the … Continue reading “Only capitalism delivers true ‘People Power’. Everything else is just state power”

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”

One of the most harmful misunderstandings in current economic debates is that the job of competition authorities is to protect … Continue reading “Rohan Silva’s anxiety about Amazon is unwarranted”

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”