Help make economic and financial literacy a priority in our schools! All donations received by June 30th will be matched dollar-for-dollar up to $75,500. Give now!

Grade 9-12
,
Video

Making Sen$e with Paul Solman: The new sharing economy can enrich micro-entrepreneurs but at what cost?

Updated: October 10 2014,
Author: 
Print
Open Video

The growing American “share economy” makes use of people’s preexisting and underutilized assets and time. Hospitality website Airbnb helps turn empty guest rooms into makeshift hotel rooms. But what happens to actual hotels and bed and breakfasts that have to conform to greater regulation and charge higher prices? Economics correspondent Paul Solman reports.