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Cycles in American Politics: how political, economic and cultural trends have shaped the nation. (Paperback)

~ Michael A Alexander (Author)
Key Phrases: stock cycle, free soilers, revolutionary crisis, American Politics, Civil War, New Deal (more...)
4.5 out of 5 stars  See all reviews (2 customer reviews)
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Cycles in American Politics: how political, economic and cultural trends have shaped the nation. + Stock Cycles: Why Stocks Won't Beat Money Markets Over the Next Twenty Years + The Kondratiev Cycle: A generational interpretation
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Editorial Reviews

Product Description

Michael Alexander extends his analysis of financial cycles in Stock Cycles (2000) and economic cycles in The Kondratiev Cycle (2002) to American politics. Alexander presents an empirical method to track Arthur Schlesinger's cycle of liberalism and conservatism and relates it to economic and cultural cycles. He proposes a mechanism for the Schlesinger cycle and its interaction with other cycles. Finally he assesses our current location within the cycle and uses the cycle to put into perspective several of the major issues of the day, including the War on Terror, Social Security, the economy and energy policy.


About the Author

Michael Alexander, Ph. D., is a research engineer at Pfizer Corporation. He has had a lifelong interest in political and economic history. He is the author of three previous books on economic and financial cycles. He is married and has two daughters. He lives in Kalamazoo Michigan.

Product Details

  • Paperback: 225 pages
  • Publisher: iUniverse, Inc. (August 19, 2004)
  • Language: English
  • ISBN-10: 0595327214
  • ISBN-13: 978-0595327218
  • Product Dimensions: 8.8 x 5.9 x 0.6 inches
  • Shipping Weight: 12.6 ounces (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon.com Sales Rank: #1,728,348 in Books (See Bestsellers in Books)

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Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
stock cycle, free soilers, revolutionary crisis, secular stock market trends, social moment turnings, extrovert eras, world power phase, fall from plateau, leadership cycle, secular bear market, secular crises, supplementary wars, dissatisfaction model, secular bull market, liberal zeitgeist, new leading sectors, innovation wave, political zeitgeist, conservative era, collective paradigm, growth boom, stock cycles, awakening turning, war cycle, war intensity
Key Phrases - Capitalized Phrases (CAPs): (learn more)
American Politics, Civil War, New Deal, United States, World War, Federal Reserve, Soviet Union, President Bush, Jacksonian Democrats, Cold War, Saudi Arabia, Missouri Compromise, Transcendental Awakening, Great Depression, House of Representatives, Saddam Hussein, Vietnam War, Gulf War, World Trade Center, Gilded Age, Supreme Court, Henry Clay, President Johnson, President Nixon, National Treasury
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5.0 out of 5 stars This book will outlast most from the 2004 Election, February 28, 2005
By Richard V. Lamb (Irish Hills, Michigan) - See all my reviews
(REAL NAME)   
Dozens of political books were published during the election year of 2004. Most of them are already dated and will be sold at garage sales, donated to the local libary's used book sales, or released by Book Crossing members between now and the end of the decade. Mike Alexander's "Cycles in American Politics" will not be among those to suffer such dismal (or in the case of Book Crossing, picaresque) fates. Instead, it will distinguish itself as one of those rare political books that will become even more true and valuable during the next decade than during the year it was published. Anyone who is interested in a deeper explanation of how American politics has played out during the past two centuries and may play out over the coming decades but is not afraid of a quantitative approach, mountains of data, and a technical style should read this book.

In this book, Dr. Alexander has made an ambitious attempt to update Arthur Schlesinger Senior's 1949 work in which he proposed that the American zeitgeist alternated between liberal and conservative eras that lasted about 15 years each. Those readers familiar with Alexander's previous three books on economic cycles should not be surprised that he has used a quantitative approach to analyze cycles. To make his method work, he first had to synthesize definitions of liberal and conservative that could work consistently over more than two centuries. He then tabulated hundreds of political events and scored them as either liberal or conservative to test Schlesinger's ideas. Incidentally, some might find a few of the scorings surprising based on modern conceptions of what is liberal or conservative, but the rationale for the decisions were both well explained and consistent with Alexander's operational definitions. As a result, he both confirmed Schlesinger Senior's cycles up to 1949 and extended them up to the present.

Alexander does more. He ties in his liberal conservative cycles to the economic cycles with which he and his readers are so familiar. He finds other political cycles that are out of synch with the liberal-conservative cycle that is the centerpiece of his work and explores their interactions. Finally, he gives an economic and generational explanation for the political cycles he elucidates and then predicts how these cycles will play out for the coming decade.

So the book is a technical tour de force and a compendium of technical political data; what meaning does it have? It explains why Nixon, a conservative by anyone's reckoning, governed to the Left of Bill Clinton, a liberal according to most people. It shows that there is more than one way to be a liberal, including being a tough liberal such as Andrew Jackson, Teddy Rooseveldt, or possibly even George W. Bush. It demonstrates that Republicans have been the liberal party at least twice during their history and that the Democrats have been the conservative party for much more of their history than they have been the liberal party. Finally, it explains why government policies of this decade may be considered liberal and progressive president by future generations, even if executed by an adminstration that is considered quite conservative at the time.
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4.0 out of 5 stars Refreshingly Objective, February 23, 2005
A must read companion to Strauss & Howe's "Generations" and "The Fourth Turning" which gives a very plausible explanation for the Civil War anomaly.  "Cycles in American Politics" is a concise, fast read with a refreshingly objective look at the political cycles of the past and where they are taking us today.
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