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Search resuls for: "Neil Howe"


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The hope of avoiding a recession in the US heated up this year despite interest rates skyrocketing over the past 18 months. They also have more of a buffer than from the economic impact of inflation and higher interest rates than younger generations. AdvertisementAdvertisementWhile high interest rates and soaring prices for homes in recent years are terrible for young buyers, they are increasing the wealth of older Americans. Lance McMillan/Toronto Star via Getty ImagesMeanwhile, higher rates are helping older Americans grow their wealth in other ways. So older Americans who, in the past, would have been forced to sacrifice higher returns for safer investments can now get both.
Persons: boomers, , Taylor Swift, Tim Robberts, Ed Yardeni, Yardeni, they'll, they've, Lance McMillan, Neil Howe, demographer, Howe Organizations: Boomers, Service, Census Bureau, Labor, Images, Yardeni Research, New, Toronto Star, Getty, Treasury Locations: New York
Gen Z is soft, millennials are embarrassing, boomers are evil, and no one has thought about Gen X in years. But late this spring, Pew announced it would no longer use generational labels such as millennial and Gen Z in its research. By and large, Cohen shares Duffy's view that generational labels make it tough for both experts and laypeople to distinguish between generational traits and universal, or multifactorial, occurrences. To its credit, Pew has been transparent in acknowledging how the use of generational labels may have tilted its analyses. Pew "does believe generational research can be a useful tool in the right context," Parker told me.
Persons: Gen X, Pew, Kim Parker, Parker, Obama, Millennials, boomers, Gen Zers, Xers, , Karl Mannheim, Louis Menand, Menand, Andrew M, Lindner, Sophia Stelboum, Azizul Hakim, William Strauss, Neil Howe, Strauss, Howe's, Baby Boomer, Portia, Zers, Gen Xers, Philip N, Cohen, it's, Bobby Duffy, Duffy, Stelboum, Hakim, Michael Dimock, Kelli María Korducki Organizations: Pew Research Center, Pew, Skidmore College, University of Maryland, College, Washington, King's College London Locations: Mannheim, New York City
Big Histories for the Big Future
  + stars: | 2023-07-18 | by ( Francis Fukuyama | ) www.nytimes.com   time to read: +2 min
Worse, the path to safety is not clear; simply getting past the next election without the democratic system grinding to a halt seems like a big achievement. Both authors had predicted, by a decade or more, that a period of great crisis would arrive around 2020, though neither foresaw a pandemic. He proposes a cyclical scheme of societal rise and subsequent disintegration based on a “wealth pump,” whereby elites get richer and ever more entrenched. Inequality, if left unchecked, grows to the point that the system fragments and has to be rebuilt from the ground up. Such is the situation today in America, where oligarchy has become so extreme that a huge redistribution of power needs to take place.
Persons: Neil Howe, Peter Turchin, Neil Howe’s “, Peter Turchin’s Organizations: Elites Locations: Ukraine, America
Things have been difficult for her family, she says, but one thing she isn’t worried about: a midlife crisis, looming just over the horizon. One of our questions was about whether they had experienced a midlife crisis and how they would define the term. Many people said they felt they couldn’t be having a midlife crisis, because there was no bourgeois numbness to rebel against. “Who has midlife crisis money?”The traditional midlife crisis, as presented in popular culture, at least, unfolds amid suburban ennui. We just increase our Lexapro.”Was the midlife crisis ever even real?
By historical standards, Gen X should be in charge of the US by now. Think of them as the godparents of the "Xennials" — those born in the late 1970s or early 1980s who aren't fully Gen X or millennial. No matter whether you deny the 61-year-old Obama is a boomer, Gen X is starting to get up there in age. Michael Ciaglo-Pool/Getty ImagesWhat's the US missing without a Gen X president? "It's like seeing a ghost that doesn't appear," she said of any expectation the presidency would just suddenly open up for Gen X.
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