View this email in your browser
Regulatory Improvement for Independent Workers: A New Vision
by Michael Mandel, Chief Economy Strategist, and Alec Stapp, Director of Technology Policy

One of the biggest productivity advances in recent years has been the use of platforms to connect buyers and sellers at lower cost. Platforms offer less rigid contractual arrangements, expanded earnings opportunities for workers and access to essential goods and services for underserved communities. Overall, platforms generate win-win economic activity which benefits everyone.

The flexibility of platforms will play a critical role in helping the U.S. labor market recover more quickly from the Covid recession. In most economic recoveries, companies have been apprehensive about making the commitment to hire given lingering economic uncertainty. That has typically made employment a lagging indicator in recoveries. By contrast, platforms will make it easier for workers to scale up hours worked gradually as the economy expands, which will boost consumer spending and demand, which will in turn boost employment.

The big question, though, is how to regulate platforms in a way that preserves the flexible nature of the work and the benefits to our economy at large, while continuing to protect both workers and consumers. The Progressive Policy Institute believes strongly in the importance of regulation for a well-functioning market economy. Yet we have long advocated for “regulatory improvement” as essential for accelerating growth and job creation. Today we're rolling out our latest paper on independent workers, and a new vision for regulatory improvement for this changing sector of our economy.
 
READ THE FULL REPORT
Facebook
Twitter
Website
Medium
LinkedIn
Copyright © 2020 Progressive Policy Institute, All rights reserved.
You are receiving this email because you opted in to communications from the Progressive Policy Institute.

Our mailing address is:
Progressive Policy Institute
1200 New Hampshire Ave NW Ste 575
Washington, DC 20036-6817

Add us to your address book


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

Email Marketing Powered by Mailchimp