Entire industries are being transformed, consumers have more power than ever before, and people are finding new ways to earn a living—even in today’s slow economic recovery. All of these improvements stem from the rise of the so-called sharing economy.Even in the face of these benefits, innovation is in danger of being suppressed because of overzealous government regulation that protects existing businesses—all behind the façade of consumer...
Technology continues to unlock new ways for Americans to live and work. To illustrate these changes, this broadside explores the promise of online platforms such as Uber and Airbnb. Unfortunately, instead of embracing innovation, many cities insist on applying antiquated regulations or completely banning these new services to protect special interests—at the expense of workers and consumers. These fights go far beyond the sharing economy. To promote the benefits of new technology, it is time for...
