The gig economy is a labor market in which workers earn money through on-demand jobs

These “gigs” are often temporary or flexible tasks, such as driving for Uber. Colloquially, the term “gig economy” usually refers to people doing jobs where they connect with people who request their services through an app.

Former New Yorker editor Tina Brown coined the term “gig economy” in 2009

Although this article was written pre-pandemic, the workers interviewed in it still feel representative of the sector’s modern ethos. In the piece, the writer interviews a handful of gig workers about why, exactly, they’ve chosen to make a living off of Airbnbs or TaskRabbit gigs rather than doing something else.

The gig economy has rapidly transformed the way millions of Americans work

Rooted in flexibility and on-demand, project-based jobs, it provides opportunities for both side hustles and full-time income streams, appealing especially to younger generations seeking greater autonomy over traditional office roles. While gig work offers freedoms like flexible hours and project choice, it often lacks benefits like healthcare and retirement plans.

Juliet Schor wrote an informative book about the gig economy: 'After the Gig'

In an interview, she explains that gig economy workers come in two groups: people who are earning supplemental income on the side of a full-time job, and people who depend on gig work for their entire incomes. As it turns out, those groups feel very differently about the gig economy.

Feudal landholding organized medieval Europe’s economy without relying on slavery

From the 10th to 13th centuries, Europe’s agricultural system relied on localized hierarchies. Lords granted land to knights for defense, who in turn mainly oversaw free peasants paying rents in labor, goods, or money rather than living under slavery.

Circulating libraries helped the novel's popularity surge

As literacy rates began to rise in the 19th century, so did the demand for reading materials. The only problem? Newspapers and books weren’t cheap, and newly literate middle-class families struggled to afford literature. That changed when booksellers began offering small fees for patrons who decided to borrow rather than purchase books. This was eventually called a circulating library, an innovation that would satisfy the burgeoning readership of novels and increase literacy rates further.

In the 1970s, a former NASA engineer pitched remote work as a solution to an energy crisis

His name was Jack Nilles, and he wrote a book that is considered the "founding document of telecommuting" in 1973 called "The Telecommunications-Transportation Tradeoff," coining the terms "telecommuting and telework." Nilles argued that telecommuting could serve as an "alternative to transportation," helping cut down on gridlocked traffic and reduce society's reliance on nonrenewable resources like oil. (Some users may experience a paywall.)

Full-time employees can cost up to 1.4 times as much as an independent worker.

Jane Austen revolutionized a form of narration in the novel

Austen's books are narrated by a third-person omniscient narrator, which was not new for her time. Austen, however, helped popularize a little-used technique called "free indirect discourse," in which the narrator took on the style and voice of the character being described without drifting into the first-person perspective. It's a technique still often used by novelists today.

Mark Twain coined the phrase 'The Gilded Age'

The writer's 1873 book "The Gilded Age: A Tale of Today" (cowritten with newspaper editor Charles Dudley Warner) satirized the speculative investing and greed that took place following the Civil War. That era is now known as the Gilded Age, a term derived from the novel. (Some readers may experience a paywall.)

The novel broke new ground by offering realistic stories

In this brief interview, Terry Castle, an English professor at Stanford, explains the origins of the early British novel. Castle details how the novel was produced for a newly literate middle class interested in recognizable characters and stories “about life as they knew it” rather than Greek and Roman myths or medieval romances. She also explains why a newly enfranchised female demographic was attracted to the fiction of writers like Jane Austen and Virginia Woolf.

Adam Smith’s 'The Wealth of Nations' introduced concepts like division of labor, productivity, and free markets

Published in 1776, "The Wealth of Nations" is an influential economic work that laid the foundation for modern economic theory. Smith argued for limited government intervention and touted the benefits of self-regulating markets.

A quote by Herman Melville

"Whoever is not in the possession of leisure can hardly be said to possess independence."

Dickens' childhood job influenced his novels

After his father was imprisoned, Dickens took up work in a shoe-blacking factory. His novels often featured hardscrabble protagonists, many of them children, forced to navigate the grim realities of the Industrial Revolution. Today, stories that follow in that model are described as "Dickensian."

Find out what it's like to work in the gig economy

If you’re thinking about being a gig worker—for example, an Airbnb host, Lyft driver, or DoorDash delivery person—keep this article in mind before you start. This article outlines particular concepts prospective gig workers should think about before signing up for gig work, such as upfront costs and budgeting for taxes.

Exploring the work of Frances Burney, one of Jane Austen's main influences

Jane Austen is often credited with pioneering the narrative technique of "free indirect discourse," in which a narrator embodies a character's style without using the first-person perspective. But this essay argues Burney is the real innovator and that Austen, a fan of Burney's, continued using the technique to more acclaim.

Benjamin Franklin founded America's first lending library, the Library Company of Philadelphia, in 1731.

The printing press spread novels widely

Johannes Gutenberg's invention of the printing press in 1440 changed how writing was reproduced. It allowed multiple manuscripts to be copied via movable type rather than by hand, making more literature more widely available. Over time, that change caused literacy rates to rise, creating a market for even more literature.

Many gig economy jobs are easy to sign up for, with a low barrier to entry

That doesn’t mean being a gig worker is an easy career, however. This article provides a framework for how to succeed in the gig economy, such as getting routines in place to streamline workflows, avoiding burnout, and creating a solid network.

Jane Austen inspired stories that some now consider fan fiction

Sybil G. Brinton's 1913 novel "Old Friends and New Fancies" brought together characters from Austen's six major books. Other works of JAFF (Jane Austen Fan Fiction) followed in the same style. The books appealed to the budding group of Janeites, a term referring to Jane Austen superfans.

'The Republic of Letters' was an analog internet for the Enlightenment.

The virtual intellectual society exchanged tens of thousands of letters and spanned several continents. Some of its most avid correspondents were Voltaire, Benjamin Franklin, and Saint Ignatius of Loyola, founder of the Jesuits.

Listen to legendary investor Marc Andreessen argue against the 'lump of labor fallacy,' the idea that there's a finite amount of work in an economy.

Fan fiction is an unauthorized reinterpretation of a copyrighted story

Writers have always reinterpreted and retold others' stories. (John Milton, for example, used characters from the Bible in "Paradise Lost.") Fan fiction, though, refers to unauthorized, creative retellings of copyrighted stories intended for other fans.

The word ‘fantasy’ wasn't used to describe the genre until the 20th century

The word—at least as a word used to describe fiction—didn’t appear in the Oxford English Dictionary until 1949. Scholars believe that’s due to the arrival of the Magazine of Fantasy and Science Fiction, an influential publication, and the rise in fantasy’s popularity following World War II.

In a survey of US Gen Z workers, 53% were freelancing for at least 40 hours per week

Overall, Gen Z has a pretty different attitude about work from previous generations, partly because of the economic hardship they’ve witnessed being born into the Great Recession and coming of age during the COVID-19 pandemic.

'Vacation' wasn't common for Americans until the mid-1800s, when it became a luxury for the wealthy.

The word 'vampire' appeared in the English-speaking world in the 1730s

However, earlier mentions of creatures with similar characteristics existed throughout Medieval Europe. For example, people often spoke of revenants—restless dead creatures who tormented the living. Historians believe these stories grew in popularity in part because of influence from the Catholic Church, which was emphasizing the idea of purgatory. These older revenant stories eventually influenced modern vampire folklore.

Read the works of Charles Dickens

Dickens' work has long been in the public domain, meaning it's freely available to readers. Project Gutenberg's collection of Dickens' novels allows you to read classic novels like "Oliver Twist" and "A Tale of Two Cities," as well as early works like "Sketches by Boz," at no cost.

A work-free retirement is a relatively recent development in human history

Though it looks different in other countries, economic historians trace retirement's rise in the US to a growth in personal income through pensions, GDP, and Social Security.

The history of Samuel Richardson's 'Pamela,' which some consider the first romance novel

The 1740 novel will likely strike modern readers as odd, to say the least. Its titular character, a 15-year-old maidservant, is harassed by her boss, who finally changes his ways and asks for her hand in marriage, which is presented as a happy ending. As this analysis of the text makes clear, though, "Pamela" established a template for the romance genre, even if contemporary writers have been happy to break it.

The word 'mortgage' comes from medieval French, meaning 'death contract.'

Listen to an interview with a gig economy expert

In this podcast episode, the hosts sit down with NerdWallet Senior News Editor Rick VanderKnyff, a gig economy expert who explains why the sector grew during the COVID-19 pandemic, what defines a gig worker, how gig workers handle their finances, and more.

Classifying the 'first novel' is tricky

The question of what counts as the "first novel" doesn't have a simple answer. This explainer looks at early contenders—from ancient Roman satire to Japan's "Tale of Genji"—and how different cultures shaped the rise of long-form fiction.

The bond market dates back to the 1100s in Venice

In the early 1800s, bonds were used to fund US railroads and canals in Great Britain. “Liberty Bonds” were sold during both World Wars in the 20th century. Learning about the early and modern history of bonds can offer a glimpse into how the modern bond market came to be.

'Usury' is the act of lending money at an excessively high interest rate

Laws regulating predatory lending are called usury laws and vary from state to state. Payday lending has historically been exempt from some states' usury laws, and some lenders have found loopholes in state laws or business structures that allow them to provide short-term loans with high interest rates.

The origins and evolution of the movie sequel

Sequels have long leveraged the financial success of a first installment into a second, or third, part, as far back as the earliest novels in the 18th century, like Jonathan Swift's "Gulliver's Travels," which inspired countless spin-offs. The film...