The Fourth Turning is Here

I have reviewed The Fourth Turning before, recommended it numerous times, and feel it is one of the top five books of the last 30 years. 

The core idea behind the Fourth Turning is a repeating pattern of four society-driving, generational “archetypes.”

Howe and Strauss observed how societies change in a cycle as each generation assumes cultural dominance in its middle age years.

No generation is like the preceding one. Rather, generational change corrects excesses, ultimately sustaining a stable society. Otherwise, civilization would have collapsed long ago.

The Fourth Turning is Here gives us a view of the future landscape of the economic, political, social, and geopolitical pressures that will be building up over the next 5–10 years

After the Nomad Archetype, the cycle repeats with another Hero generation. The Millennial Generation, born from 1981 through about 2003 

If the pattern holds, they will face a great crisis. It will influence the rest of their lives just as World War II shaped the G.I. Generation Heroes.

John Mauldin 28 July 2023

https://www.mauldineconomics.com/frontlinethoughts/turning-time

Turning Time, Part 2

In last week’s letter I described the generational archetypes behind the cycle that brought us here. 

We are at the Fourth Turning because a “Prophet” generation—the Baby Boomers—is beginning to leave the stage. They established the conditions that brought us here and, to a great extent, will determine how the rest of us make this turn. 

Neil has some specific and perhaps surprising expectations for their final act. Today I’ll describe some of it for you.

John Mauldin 28 July 2023

Turning Time, Part 2 - Mauldin Economics

Neil Howe’s  forthcoming book. I will review it in more depth when it’s published but here’s a quick taste.

https://englundmacro.blogspot.com/2023/06/im-widely-known-as-muddle-through-guy.html

The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End

https://www.amazon.com/Fourth-Turning-Here-Seasons-History/dp/1982173734