The sharing economy

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Guests: Dean Baker, Arun Sundararajan

Have you thought about renting out your spare room, your lawn mower, your car to make some extra money?  With the help of the Internet and apps, more and more people are participating in what’s called the “sharing economy,” signing up with companies like Uber, Lyft, Airbnb, and TaskRabbit that connect them directly with customers. From driving people to doing their laundry, the peer-to-peer marketplace is exploding.  So is this the future of work?  And are on-demand services good for workers, consumers and the economy as a whole?  Marty gets two different opinions from our guests ARUN SUNDARARAJANa professor at New York University’s Stern School of Business, and DEAN BAKER, co-director of the Center for Economic and Policy Research. 

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