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Imperial Library
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Index
Half title
Series page
Title page
Imprints page
Dedication
Epigraph
Contents
Preface
The Argument
Acknowledgments
1 The World of Tomorrow 3.0
The Transaction Cost Revolution
We Are Already the Cooperators We Need to Be
The Third Great Economic Revolution: Why Own When You Could Rent?
Software Eats the World
Reimagining Production – Excess Capacity Wants to Be Used
Real Sharing: Open Source
The Middleman: A Word on Entrepreneurs
The Power Drill Again: It’s About Time
2 Division of Labor, Destruction, and Revolution
Exchange and Sharing as Cooperation
The Economic Logic of Sharing
The First Great Economic Revolution: The Neolithic
Why Specialization Is Limited by the Cooperation Horizon
The Second Revolution: Producing and Owning
Smith’s Insight: Markets Substitute for Cities as Limits on the Cooperation Horizon
Inevitable but Not Voluntary
3 The Middleman/Sharing Economy
Entrepreneurship
What Do Middlemen Sell?
The Middleman Economy
Amazon vs. Uber
Next?
4 The Answer Is “Transaction Costs” – Uber Sells Triangulation, Transfer, and Trust
Stuff Is in the Wrong Place: Ronald Coase and Exchange
Transaction Costs – and Time
Middlemen as Brokers and Sellers of Connections
Ride-Sharing
Uber: Hero, Villain, Avatar
Uber: The Creation Story
Uber Is Not a Taxi Company
Problems with Disruptive Technology
Buggy Whip Makers of the World Unite: The Umpire Strikes Back
A Different Example: “Uber but for Planes”
Resistance Is Futile, and Yet …
Surge Pricing
Transaction Costs: A Different Way of Thinking of “Surge Pricing”
5 Jobs, Work, and Adaptation
Disruption: Economic Revolution
Saltation: The “Virtue” of Backwardness
Separation
Gigs: The Boy Who Cried “Robot!”
6 The Day after Tomorrow
The Way Things Have Always Been
The Difference between “Less Job” and “No Job”
If a BIG Is the Answer, What Is the Question?
Background and Definitions
Why Are There Poor People?
Final Words
References
Index
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