Epstein on The Peer to Peer Economy

quotes economics sharing economy peer to peer economy

19 May 2014

Jim Epstein on the peer to peer economy:

The phrase “peer-to-peer” is still a more useful descriptor than “sharing economy” because it references an important phenomenon, which is that new technologies are eliminating middlemen. But the real value of companies like Lyft, EatWith, and Airbnb is that they make new forms of trade possible. It doesn’t matter whether the buyer or seller is an individual or an incorporated business.

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