The Power of Independent Thinking


Stay Connected
Get the latest updates straight to your inbox.

Volume 20  Number 3  •  Winter 2016
Other Issues:  

Tomorrow 3.0
The Sharing Economy
By Michael C. Munger
This article appeared in the Winter 2016 issue of The Independent Review

A third great economic revolution will come about as the sharing economy slashes transaction costs and turns almost every product into an asset with the potential to earn rental income for its owner. Although the demand for manufactured goods will fall, costing many people their jobs, the quality-adjusted price level will also fall and pressures on the environment will lessen.

 PDFRead the Full Article (PDF, 5 pages)

Other Independent Review articles by Michael C. Munger
    Spring 2018   Private Government
    Winter 2018   On the Origins and Goals of Public Choice
    Winter 2018   Overlooked Costs of War-Related Public Research
[View All (30)]