The deal, in which drivers won't pursue their claim to be employees in exchange for the cash and other changes, raises more questions than it answers.
The economist Frédéric Bastiat didn't experience the "sharing economy," but he knew the ludicrousness of wailing against a "foreign technology."
The most radical reinvention of work since the rise of industrialization is upon us, as more of us drift toward app-enabled self-employment.
Some theorists suggest that such platforms are making our world more efficient by natural selection. The reality is a little more complicated.