Mises Wire
Author:
Brittany Hunter
Online Publish Date:
least. In the unbridled market, entrepreneurs are rewarded for taking risks and innovating, which is exactly what the homesharing economy has been doing while the monopoly, the traditional hotel model has had no reason to think seriously about innovation since they were the only game in town. However, instead of using the rise as a huge blow. According to the New York Post , Chris Lehane, head of global policy for Airbnb said, “It’s baffling to us in this time of economic inequality that