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A Libertarian Dream: The "Sharing Economy"

A Libertarian Dream: The "Sharing Economy"

As the FTC takes a look at the sharing economy, they need to think through what it would mean for our broader economy, and the danger of creating the Wild West in certain marketplaces. Companies like Uber and Airbnb are seeking not only to disrupt existing industries with their new technology-- but also to disrupt the nature of regulation in the modern economy. They are a libertarian's dream in terms of creating economic models without rules. No rules, though, mean a dangerous world and we'd better slow down and take a look at what the realities are of how this will play out for regular folks.