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Dec. 15, 2019 Blumbers

Teen Decade: Gig Economics

Most people can see growing inequality right in front of them. Everybody may have a job, or several jobs, but they are underpaid. The gig economy businesses that survive do so on the margins. AirBnB survives because people cannot afford a hotel room. Uber survives because people cannot afford a car. There are also very good reasons to regulate economic activity. There is a reason you want a licensed cab driver. There is a reason you want to stay at a licensed hotel. Insurance and inspections are good if there is an accident or fire. If your business model cannot afford theses precautions then you should work toward creating a society where you can. 

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