Wisco Weekly

Wisco Weekly

By Dennis WiscoBusinessTechnologyEducation
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Wisco Weekly episodes

  • $CVNA Only Goes Up: Fireside Chat with Mike Cavanaugh
    Making his second appearance on Wisco Weekly is Mike Cavanaugh, Executive VP at Max Digital. In this "fireside chat," Dennis and Mike explore the nuances of Carvana's (CVNA) business model and why they've become a company with a $20 billion market capitalization. This market cap makes them one of the most valuable automotive companies that is not an automaker.
    While Carvana's online car-buying experience compliments the behaviors of millennials, there is a demographic who has been left behind in this process. Seniors. With the looming threat of COVID-19 impacting seniors, how is this demographic being catered to?
    Tune in to episode #132 and hear more from Mike Cavanaugh, and how the independent store business model is accelerating the mobility of people and goods.

     

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    Get 20% off registration to the Auto CX Summit Series using discount code: WISCO20. Learn more here.

     

    • Leadership Lessons in Automotive
    • A Guide for Daughters in Automotive
    • Cash is King or Cash for Clunkers
    • Who is the used car lease subscriber
    • The New Relationship Between Mentor and Mentee

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      1 hr 5 min
    • What Keynesian Economics Would Say About AB5
      In urban spaces throughout the country, app-based ridesharing platforms like Uber and Lyft have a greater impact on the economy than what meets the eye. For years, these services were rarely regulated, and there were minimal protections in place for individuals driving for the companies. In recent years, states such as New York and California have become vocal in their crusades to regulate the app-based economy, including California’s keystone statute Assembly Bill 5. In the previous episode of this two-part series, host Dennis Wisco introduced key policies at play and delved into the Classical Economic interpretation of the impact of California Assembly Bill 5 on the economy. Listen in as Dennis outlines key elements of Keynesian Economics, and how it applies to the regulation of the gig economy.
      Keynesian economic theory is a school of thought developed by British economist John Maynard Keynes in the 1930s that supposes the totality of spending in the economy, and its impact on output and inflation. Essentially, Keynes argued that a healthy economy depends on the government to regulate, balance, and manage economic opportunity. In his 1936 book, ​The General Theory of Employment, Interest, and Money​, Keynes discusses the idea of “perfect competition,” which exists in a close-to-ideal economic society. Under this model, the government is flooded with money in order to create economic opportunities. Therefore, the Keynesian model argues against the California App-Based Driver’s Regulation Initiative in order to keep AB-5 in effect and thus allow the government to continue to regulate the gig-based economy’s labor protections as they relate to app-based drivers.
      Tune in to this episode to hear excerpts from Keynes’ book and how this theory applies to current policy. Dennis describes the line in the sand between the Classical and Keynesian perspectives as they relate to California Assembly Bill 5 and protections for app-based drivers. With key policies and initiatives persistently shaping business models for the mobility of people and goods, it is critical for us not only to exercise our right to vote but likewise for us to be informed, voters. Find the California App-Based Driver’s Regulation Initiative question on the California ballot this coming November.

       

      Related Episodes
      • What Classical Economics Would Say About AB5
      • To Creatively Problem Solve, Be Disciplined
      • Allocating Billions of Dollars to Public Transportation
      • The Mobility Blueprint of 30 Year Olds

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        26 min
      • What Classical Economics Would Say About AB5
        Since their inception, transportation start-ups like Uber and Lyft have garnered tremendous media and policy attention not only for their service but also for their impact on the labor market. In this two-part series, host Dennis Wisco introduces key concepts of policies that speak to this topic, such as California Assembly Bill 5. He outlines non-partisan arguments that apply economic theory to exploring the bill's policy implications. Tune in to this episode to learn more about the California App-Based Driver's Regulation Initiative, the history of the independent contractor status, and a crash-course breakdown of classical economics related to current legislation.
        California Assembly Bill 5 (AB-5) is a state statute that establishes that it is the employer's burden to prove that a worker is an "independent contractor" and not an "employee" through the application of a three-prong analysis. This analysis identifies an employer's duty to provide greater labor protections to workers through industries' regulation and holds the employer accountable if they fail to do so. Historically, "independent contractors" have been excluded from certain protections, including minimum wage, unemployment benefits, and overtime pay. AB-5 challenges the basis for exclusion and opens doors for gig economy workers to access the same benefits that traditional employees enjoy.
        The California App-Based Driver's Regulation Initiative is a question on the November election ballot that brings AB-5 back into the spotlight as a response to Uber, Lyft, and other app-based employers refusing to reclassify their drivers as employers. A vote in favor of the ballot initiative would essentially repeal AB-5 and enable companies like Uber and Lyft to construct and adopt their own policies regarding labor and wages specific to the app-based mobility industry. A vote against the initiative would uphold AB-5 and apply its approach to the policy decision that app-based drivers are "employees" rather than "independent contractors."
        Tune in to part one of this two-part series as Dennis delves into the classical economist view of the outcome of AB-5 and the California App-Based Driver's Regulation Initiative. Classical economics argues in favor of self-regulation, free trade, and follows a "laissez-faire" approach. Therefore, classical economists believe that the bill should be repealed in order to best benefit companies, consumers, and, ultimately, the American economy as a whole. The outcome of this initiative and AB-5 will have a tremendous impact on both the app-based economy and ​the business models that affect the movement of people and goods.

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        • What Keynesian Economics Would Say About AB5
        • Micromobility Regulation for Urbanites and Suburbanites
        • From Private Property to a Shared Economy
        • A Partnership for Seniors, Disabled, and Veterans
        • Pickup, drop-off, parklet, NLZs: The menu of curb use

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          ***** Wisco Weekly *****
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          34 min
        • Pickup, Droff-off, Parklets, NLZs: The Menu of Curb Use Feat. Daniel Comeaux
          Recent graduate of Kennedy School of Government at Harvard University and transportation policy enthusiast, Daniel Comeaux, defends his most recent report that analyzes curb space in New York City. While free parking dominates the curbs, Daniel describes a menu of available options that would better support and address some of today's most pressing problems like the pandemic and racial inequality. Have a listen to episode #129 as host, Dennis Wisco, challenges some of Daniel's presumptions in his report which culminates in analyzing if systemic racism exists in the transportation system.
           
          Related Episodes
          • Ridesharing Has Plateaued. Agree or Disagree.
          • From Private Property to a Shared Economy
          • Micromobility Regulation for Urbanites and Suburbanites
          • The Mobility Blueprint of 30-Year Olds

            •  

            Notes  |  Resources
            • Daniel Comeaux  |  LinkedIn  |  Email
            • Curb Space and Its Discontents  |  View Report

              •  

              ***** Wisco Weekly *****
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              52 min
            • The Mobility Blueprint of 30 Year Olds feat. Jonah Bliss
              If you want to know where the future lies, follow the younger generation. This adage is often relied upon by VCs, economists, and futurists alike. When the younger generation works in a particular area that influences the future, then you have a blueprint.
              Jonah Bliss serves as the VP of New Media and Marketing for CoMotion LA & Miami. As a mobility enthusiast in his 30s and living in Los Angeles, he is keen on how and where the mobility industry is moving. By following the money to actively participating in the economy or providing a platform for experts, Jonah is hyperfocused on the mobility space.
              Tune in to hear how this 30-year old sees the world of mobility and what he's doing to contribute to it.

               

              Related Episodes
              • Ridesharing has plateaued. Agree or disagree.
              • From Private Property to a Shared Economy
              • A Partnership for Seniors, Disabled, and Veterans
              • Allocating Billions of Dollars to Public Transportation

                •  

                Notes  |  Resources
                • Jonah Bliss  |  LinkedIn  | Twitter
                • CoMotion Miami  |  June 30, July 1  |  Learn More

                  •  

                  ***** Wisco Weekly *****
                  New Business Models for the Mobility of People and Goods. Become a Fan. Soon, become a Member. Subscribe for now.
                  ✌(-‿-)✌

                   

                  39 min

                About Wisco Weekly

                From the publisher's feed

                Wisco Weekly is a business education and entrepreneurship podcast hosted by Dennis Wisco.