# Multimedia 

Multimedia 

---

- [Podcasts](/podcasts)
- [Cato Video](/multimedia/cato-video)
- [Video Series](/search/category/video-series)
- [Events](/multimedia/events)

Download:

[ 

Video 

](https://fastly-unsigned-us-east-1-prod.brightcovecdn.com/media/v1/pmp4/static/clear/6039378657001/5b36d846-b2c2-4c5e-b392-e49bc9888c3a/b76342af-7208-4e47-9050-67eb14b5c758/main.mp4) 

[ 

Video 

](https://cdn.cato.org/archive-2018/clp-08-17-18.mp4) 

[ 

Audio 

](https://cdn.cato.org/archive-2018/clpa-08-17-18.mp3) 

Events • August 17, 2018 

# *Tomorrow 3.0: Transaction Costs and the Sharing Economy*

[![](https://object.cato.org/sites/cato.org/files/images/munger-tomorrow-3point0-cover.jpg)](https://www.amazon.com/Tomorrow-3-0-Transaction-Cambridge-Economics/dp/1108447341/?tag=catoinstitute-20)

The economic revolutions of the past have brought vast wealth to average people. So what does the "sharing economy" have to offer? Michael Munger argues in his new book, *Tomorrow 3.0*, that when we understand how transaction costs function, the implications of the sharing economy become more clear. Join us for a discussion of the implications of this economic shift and how it will change how we work, what we own, and the wealth we can access. 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Michael Munger cropped](/sites/cato.org/files/styles/author_picture/public/authors/crops/munger.jpg?itok=d9ymtqKY)](/people/michael-munger) 

##### [Michael Munger](/people/michael-munger)

Adjunct Scholar 

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute