Keynes and Hayek are both dead, and wrong

Despite the fact that both John Maynard Keynes and Friedrich August Hayek are dead, their ideas are very much alive today and form the basis of whether governments chose austerity or stimulus as a way out of our current economic crisis. Both men were brilliant and arguably had people listened to their opinions before the Great Depression that started More...

by Tristan Fischer | Published 7 years ago
By Tristan Fischer On Thursday, October 11th, 2012
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If you switched the US annual budget for its fleet in the Persian Gulf to solar PV, you could provide free electricity to all of the US

If you switched the US budget for its fleet in the Persian Gulf to solar PV, you could provide free electricity to all of the US.  The US used 3,856 billion kWh of electricity in 2011.  Assume for the sake of More...

By Tristan Fischer On Tuesday, October 9th, 2012
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Why do we need the military? Securing energy supplies and trade routes

History Future Now looks at our military expenditure and asks two basic questions:  first, what is the purpose of the military and second, if we did things differently would we need to spend so much on the military? More...

By Tristan Fischer On Monday, October 8th, 2012
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How to stop the jobs crisis and bring jobs back home

The Great Recession has been going on for four years, 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 More...

By Tristan Fischer On Wednesday, October 3rd, 2012
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How bad is the youth unemployment crisis in Spain? Worse than you can imagine.

History Future Now has been tracking the expanding numbers of young people who are unemployed in the European Union with great concern. Both Greece and Spain have youth unemployment rates that are well over 50%. More...

By Tristan Fischer On Monday, October 1st, 2012
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Will robots take over the world?

History Future Now frequently writes about automation, in the form of computerisation and robotics, and its increasing impact on the job market.  I have made a comparison to the industrial revolution (see article More...

By Tristan Fischer On Saturday, September 29th, 2012
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Debt jubilees and hyperinflation – why history shows that this might be the way forward for us all

Government debt levels in the United States, European Union and Japan are at all time historic highs, after decades of borrowing money to pay for regular annual expenditures, regular military interventions and More...

By Tristan Fischer On Friday, September 28th, 2012
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Warehouse Bots Do Battle to Make Same-Day Delivery a Reality | Wired Business | Wired.com

Warehouses used to hire a decent number of people. Organisations like Amazon had huge warehouses that were surprisingly old fashioned with people picking up items and packaging them up.  Companies are developing More...

By Tristan Fischer On Friday, September 21st, 2012
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Why Western managers are incentivised to outsource overseas and why this is bad for society

I met with a partner of an accounting firm recently who said that his partners had concluded that most of the accounting work that is not face to face with their customers can be done anywhere in the world. With More...

By Tristan Fischer On Monday, September 10th, 2012
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Why the loss of middle class jobs will usher in the rise of political extremism

Jobs, jobs, jobs, jobs. After four years of recession in Western economies, a new theme is beginning to emerge: this time things really are different. It appears that we are not witnessing a conventional recession More...