Prof. Arun Sundararajan spoke at a House Committee on Small Business hearing on the sharing economy
January 16, 2014
Excerpt from Next City -- "New York Democrat Nydia Velázquez, for example, said that 'It will be difficult, if not impossible, to capture their contribution in official employment statistics.' She was on the right track, Arun Sundararajan of NYU’s Stern School of Business affirmed: 'One of the ramifications is that we may be not measuring the full extent to which the country is employed, because we tend to count employment in terms of whole jobs.' Lawmakers, he suggested, need to start thinking about the contributions of more fragmented toil to the economy."