The sharing economy connects people with services like Uber, AirBnB, and Feastly. Despite these new ways to connect, many regulators would like to stop it in its tracks. Yet these technologies are successfully replacing regulation with reputations systems. See video below.
For more in depth discussions about the disruptive peer-to-peer economy, watch Cato scholars discuss how the sharing economy undermines the regulatory establishment and makes people’s lives better here, or read What is the Sharing Economy? by Christopher Koopman.