Mechanical Turks- the future of employment is pretending to be a machine

Once upon a time most people were involved in agriculture. Now only 2% of the population in developed countries work in agriculture. The shift in employment in the 1800s and 1900s was painful but most of the slack was eventually picked up by new forms of employment. The shift to software and robotics that is currently taking place will have a similar More...

by Tristan Fischer | Published 3 years ago
By Tristan Fischer On Monday, January 20th, 2014
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The way the middle class has managed declining incomes is no longer working. What next?

In 2013 Robert Reich, the former Labour Secretary under President Clinton and currently a professor at University of California Berkeley, released a documentary called “Inequality for All” during which he highlighted More...

By Tristan Fischer On Wednesday, January 1st, 2014

Why buying cheap imported products is more expensive for individuals and not just society

Why do so many Western politicians and economists promote a trading system that increases Western unemployment levels and results in a gigantic transfer of wealth to the East every year? Since 2000 many jobs have More...

By Tristan Fischer On Friday, November 22nd, 2013

A Lost Generation: why the personal story of the beautiful Yulia is also our story

Looking back… Many years ago HFN spent a wonderful day in the company of a beautiful Russian woman.  She had a warm smile and long legs that never seemed to stop. She was also very smart and had a master’s More...

By Tristan Fischer On Sunday, November 10th, 2013

What does it take to get Europeans to have a Revolution?

In a recent article about the youth unemployment crisis in Europe and Africa  HFN asked a question: “What are all these people going to do?” to which a reader responded: “If you look on the street, More...

By Tristan Fischer On Saturday, October 26th, 2013

What are all these people all going to do? Youth unemployment in Europe is critical. But Africa is going to get even worse.

In much of southern Europe the unemployment rate for young people under the age of 25 remains stubbornly high – at over 61% in Greece and 56% in Spain.  This is not just a disaster for countries on the European More...

By Tristan Fischer On Friday, April 26th, 2013

Jobs: First, get rid of expensive Westerners. Second, get rid of people entirely

The Great Recession has been going on since 2008, with no end in sight. A great part of the problem is financial: we borrowed too much money for too long and now don’t have the ability to pay off our debts. More...

By Tristan Fischer On Sunday, February 3rd, 2013

Lets talk about Sex: Does the separation of pleasure and procreation mean the end of people?

Everybody knows that the world’s population has increased dramatically since 1930 – population 2 billion – to today – population 7.1.  Most people also know that, excluding immigration and More...

By Tristan Fischer On Thursday, November 22nd, 2012

An American parable: The rise of Venetian inequality and the decline of prosperity

A new book, Why Nations Fail: the Origins of Power, Prosperity and Poverty, looks at the historical roots as to why some countries are rich and others are poor. As with all books of this genre, it owes a great More...

By Tristan Fischer On Wednesday, October 17th, 2012

How To Make Sure The Next Generation Is Better Off Than We Are – Mohamed A. El-Erian – The Atlantic

Everybody is writing about the youth unemployment crisis and has a series of prescriptions to cure the problem.  Writing in The Atlantic, Mohamed A. El-Erian, CEO and co-chief investment officer of Pimco, one More...