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The Gig Economy? The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.

It was not long ago, while we were sheltering in place during the pandemic, that it was asserted that the gig economy was the new economy. Conventional full time employment would become less popular because the new generation of workers preferred flexibility to security. The data does not support this idea. This raises issues for firms, like Uber and GrubHub, that require a supply of gig workers to operate successfully.

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