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John Mauldin's Outside the Box

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  • To the Class of 2012

    It is the season when students all over the country are graduating and listening to graduation speeches. I have heard more than my share over the years. But never one like this week's Outside the Box essay, from my friend and world-class demographer Neil Howe. Neil was co-author of The Fourth Turning, which way back in 1997 absolutely nailed the coming generational changes we are now living through, giving us a fascinating and eerily accurate guide to our future. The premise is that a generation is a 20-year period and that generational social tendencies repeat roughly every 80 years and have done so in the Anglo-Saxon world for hundreds of years. And now the Millennial generation is coming of age in a world dominated by Boomers, and we are seeing another cycle change.

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