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Tomorrow 3.0: Transaction Costs and the Sharing Economy

(Cambridge University Press 2018)

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Hayek Auditorium, Cato Institute
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Featuring
Featuring the author Michael C. Munger, Professor of Economics and Political Science, Duke University; moderated by Caleb O. Brown, Cato Daily Podcast host and Director of Multimedia, Cato Institute.

The economic revolutions of the past have brought vast wealth to average people. So what does the “sharing economy” have to offer? Michael Munger argues in his new book, Tomorrow 3.0, that when we understand how transaction costs function, the implications of the sharing economy become more clear. Join us for a discussion of the implications of this economic shift and how it will change how we work, what we own, and the wealth we can access.