*Equal is Unfair* with Don Watkins

On this show, Bob and Ayn Rand Institute fellow Don Watkins interpret the American Dream through an objectivist lens, in which opportunity is the result of effort and ability plus freedom, not the redistribution of wealth and political privilege. Watkins, a fellow at the Ayn Rand Institute, dropped out of university to attend business school at night while working full-time during the day. After this, he could have gone to work on Wall Street or a Fortune 500 company, and glided into America’s notorious 1% – only to be vilified by the growing choir of income inequality critics. Watkins' crime in their eyes would not have been fraud, or embezzlement. His “privilege” alone would have been sufficient cause for many to indict him, despite the value created through honest finance, such as increased opportunities for those with low incomes to afford a college education, or buy homes and durable consumer goods. Watkins instead chose to apply his talents to the realm of ideas and the foundation of a free society. In his new book *Equal is Unfair: America’s Misguided Fight Against Income Inequality,* Watkins and his co-author, Yaron Brook (Executive Director of ARI), mount a bold attack on a popular narrative about the injustice of current levels of inequality.

LINKS:

Purchase the book at Amazon.

https://www.aynrand.org/

*The Sharing Economy* with Arun Sundararajan

“[T]he future has arrived, well in advance of the policies needed to support it,” says Arun Sundararajan, Professor of Information, Operations and Management Sciences at New York University's Leonard N. Stern School of Business. Nowhere can this phenomenon be seen more clearly than in the rapidly-expanding "sharing economy," made up of digital platforms like Uber and AirBnB, which must battle with regulators in some locales to keep their innovative services running. Sundararajan's new book, The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism (MIT Press)contains everything you need to know – both cause and effect – about the radical disruption that is underway. An academic by trade, Sundararajan blends sociology, economics, technology and political science with a keen intuition to highlight the many tensions of the sharing economy, or as he calls it, "crowd-based capitalism." The sharing economy, he notes, is both capitalist and socialist, market-based and gift-based, and largely unregulated yet governed by complex rules and norms. Arun joins Bob to help listeners think about their place in the emerging landscape. Will we manage to harness these changes to become an "empowered entrepreneurs," or is technology turning us into "disenfranchised drones"?