The gig economy is transforming cities. Companies like Uber, Lyft, Airbnb, and TaskRabbit are hiring thousands of workers on a contract basis rather than as formal employees, a legal distinction with broad implications for both workers and the future of the American economy. Matthew and Paul discuss the reasoning behind the contractor classification and whether it will be a net benefit to gig economy workers. They also talk about smart policy fixes\u2014including expanded access to portable health insurance and various benefits-focused startups\u2014that can address the downsides of contingent labor.
What is the gig economy and how is it different than the regular economy? What is rent-seeking behavior and how is it threatening the gig economy? What is the best interests of consumers? What is the precautionary principle?
Further Reading:New Employment Regulations Could Destroy California\u2019s Gig Economy, written by Christian Britschgi
Gig workers are fighting to be classified as employees. Trump\u2019s Labor Department just came out against this., written by Chavie Lieber
The Truth About the Gig Economy, written by Annie Lowrey
Related Content:On Innovation: Don\u2019t Ask for Permission, Building Tomorrow Podcast
Welcome to the Sharing Economy, Free Thoughts Podcast
Ride-Sharing Services Aren\u2019t a Problem, They\u2019re a Solution, written by Aeon Skoble
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