If anyone is interested further, this is a great EconTalk on sharing: http://www.econtalk.org/michael-munger-on-sharing-transaction-costs-and-tomorrow-3-0/ http

If anyone is interested further, this is a great EconTalk on sharing: http://www.econtalk.org/michael-munger-on-sharing-transaction-costs-and-tomorrow-3-0/ http://www.econtalk.org/michael-munger-on-sharing-transactio... TL,DR: Why do we all buy an electric drill to put up 4 screws in 30 seconds? Sharing/renting can be much more productive than everyone buying things themselves.