Sunday , November 24 2024
Home / EconoSpeak / Thinking About Generations

Thinking About Generations

Summary:
Three weeks ago my wife and our daughter and I were in Moscow to celebrate her mother's 90th birthday (which was on March 10).  Somehow when I woke up today it occurred to me that a man born on the same day could have joined the Soviet army and participated in the final push into Berlin for the defeat of Hitler.  Likewise in the US a man born on the day could probably have gotten into the US military and participated in the final actions in Europe or the Pacific of the war. But probably few born much after then could have had that experience. So, whatever the sociologists or demographers say, this was the tail end of the "Greatest Generation," with Americans born then having some experience as young people of the tail end of the Great Depression as well as of WW II, the signature events

Topics:
Barkley Rosser considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

Three weeks ago my wife and our daughter and I were in Moscow to celebrate her mother's 90th birthday (which was on March 10).  Somehow when I woke up today it occurred to me that a man born on the same day could have joined the Soviet army and participated in the final push into Berlin for the defeat of Hitler.  Likewise in the US a man born on the day could probably have gotten into the US military and participated in the final actions in Europe or the Pacific of the war. But probably few born much after then could have had that experience. So, whatever the sociologists or demographers say, this was the tail end of the "Greatest Generation," with Americans born then having some experience as young people of the tail end of the Great Depression as well as of WW II, the signature events of that generation.

Next came the Silent Generation, whose front end includes the veterans of the Korean War, now in their mid-80s, more or less.  In contrast with the Greatest and their unabashed victory, the Korean War was ulitmately a stalemate, and its veterans have long complained with some reason of not getting much attention, even as as many died during it roughly as the later and longer Vietnam War. But then maybe that is because the Silents just did not make enough noise.

Which brings us to the Boomers, who got Vietnam, at least the front end of the generation.  And this one was a loss after it became very unpopular and tore the nation apart.  For the record, I got out of it through having a high draft number, 346, not through  having my father pay a doctor to make up phony bone spurs for me as someone else did, someone who had the nerve to say he did not respect John McCain for getting captured during the war.

The later stage Boomers would get to see the US win the Cold war, even as the president was a Greatest Generation guy when that went down.

Gen-X got the unfortunate Iraq War, with it being instigated by a Boomer president.  And now the Millennials have all sort of fun and games happening with another Boomer president in place, Mr. Bone Spurs.  ISIS may have just been defeated on the ground, but the situation in Afghanistan looks set to get bad, not a victory.

I am not sure there is a bottom line to this post.  It was triggered by thinking about my mother-in-law and how much people in the USSR suffered during the Great Patriotic War as they call it and how the Greatest Generation is now all in their 90s or above, what is left of them.  Somehow that was the last unadulterated victory the US had in a war, with the rest since either stalemates or outright defeats.

Regarding that generation in Russia, I note that in the past one would see the men of that generation, the veterans of that war, walking proudly in the streets with their medals on, with people treating them with great respect, both in the Soviet period and afterwards as well.  The women would become the babushkas who would order younger people on the streets around for whatever they thought the younger people should be doing or not doing.  But now what is left of that generation is not on the  streets any more.  I did not see a single one of those vets with his medals this  visit, although I know many are still alive, and no babushkas were ordering young people around on the streets, for better or worse.

Barkley Rosser

Barkley Rosser
I remember how loud it was. I was a young Economics undergraduate, and most professors didn’t really slam points home the way Dr. Rosser did. He would bang on the table and throw things around the classroom. Not for the faint of heart, but he definitely kept my attention and made me smile. It is hard to not smile around J. Barkley Rosser, especially when he gets going on economic theory. The passion comes through and encourages you to come along with it in a truly contagious way. After meeting him, it is as if you can just tell that anybody who knows that much and has that much to say deserves your attention.

Leave a Reply

Your email address will not be published. Required fields are marked *