# Prof. Arun Sundararajan's comments on the sharing economy and consumption are highlighted

1 Faculty News July 1, 2014 ![Huffington Post logo](/sites/default/files/styles/246w/public/assets/images/huffpost192x144.jpg?itok=sF2Y0c9v)>

Excerpt from [The Huffington Post](http://www.huffingtonpost.com/st-gallen-symposium/building-a-better-economy_b_5532243.html) -- "In an interview to the New Yorker, Professor [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan) of N.Y.U's Stern School of Business shared that 'there's a mind-set that consumers are doing this just to save money, but I think that what's really compelling about the sharing economy is the variety and expansion of choices that it offers. Instead of being tied to owning one car, I can drive twenty different ones. So I expect this will expand consumption, rather than shrink it.'"

[Read more](http://www.huffingtonpost.com/st-gallen-symposium/building-a-better-economy_b_5532243.html)