Wednesday, October 15, 2014

Can the sharing economy regulate itself? Should it?

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Economix blog post in New York Times, "Trusting the "sharing economy" to regulate itself?"

"the emerging peer-to-peer, collaborative “sharing economy” will be a significant segment of the country’s future economic activity, stimulating new consumption, raising productivity and catalyzing individual innovation and entrepreneurship. There’s a real danger that today’s misalignment between newer peer-to-peer business models and older regulations will impede economic growth. The solution is to delegate more regulatory responsibility to the marketplaces and platforms"

Perhaps this is a distinctly US perspective?
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