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The Sharing Economy

The venerable and erudite Financial Times of London wrote a opinion piece entitled, "the new model sharing economy" in today's paper.  I am a big believer in this movement, and wish to share a few historical observations on its development.
We probably should begin with a quick definition.  As James Gardner wrote for Forbes, "The Sharing Economy (sounds) like the spiritual home of new age digital hippies, or maybe a step up from a barter system."  This is the risk for those businesses and consumers driving this movement.  It can been seen as "hip or trendy" but the true motivations are more profound and sustainable.  Let me explain.

First, the sharing economy is a pure capitalistic and self-interested endeavor.  The "feel good" element of the shared and sharing economy is that we are "sharing." It seems like we are doing something for others rather than doing for ourselves.  It seems anti-materialistic, and anti-individual.  It see…

The Future of the Republican Party -- 10 Policies for Leadership

The Republican party must lead an initiative to completely reform the immigration law and policy for the United States. This new law would make it very clear that if you want to become a citizen, then you apply for a temporary work visa, and upon receipt will pay federal income, social security and medicaid taxes. You will be eligible for Medicaid. If after 5 years of employment, without any convictions, the person passes language and citizenship tests, they will be granted full citizenship. I would allow all persons in the USA who entered illegally to immediately be enrolled in this program with two years eliminated from the 5 year element.The Republican Party must champion a comprehensive Household Tax Reform. The goal is that every citizen pay , excluding only the very old and the very poor, and that those who can pay more should do so without compulsion nor punishment, but rather obligation. This policy must borrow from the simplicity of the Flat Tax and the pro-consumption of the…