30 min listen
Michael Munger on Sharing, Transaction Costs, and Tomorrow 3.0
FromEconTalk
ratings:
Length:
70 minutes
Released:
Oct 29, 2018
Format:
Podcast episode
Description
Economist and author Michael Munger of Duke University talks about his book, Tomorrow 3.0, with EconTalk host Russ Roberts. Munger analyzes the rise of companies like Uber and AirBnB as an example of how technology lowers transactions costs. Users and providers can find each other more easily through their smartphones, increasing opportunity. Munger expects these costs to fall elsewhere and predicts an expansion of the sharing economy to a wide array of items in our daily lives.
Released:
Oct 29, 2018
Format:
Podcast episode
Titles in the series (100)
Ticket Scalping and Opportunity Cost: Ticket Scalping, gifts, and opportunity costs, by Russ Roberts and Michael Munger by EconTalk