twenties and always thought he was right ..." - The Age of Turbulence Joseph Schumpeter wrote about Nikolai Kondratieff's long-waves in his book Business Cycles. Schumpeter's "gale of creative destruction" was inspired by Kondratieff's long-waves. Baby Boomers, Generation X and Social Cycles provides the latest and most comprehensive findings on Schumpeter's early observations and references innovations and economic changes to demographics. But the "gale of creative destruction" goes well beyond economics as the book Baby Boomers, Generation X and Social Cycles documents. Baby Boomers, Generation X and Social Cycles, Volume 1: North American Long-waves, begins by examining the population of the United States and Canada from 1789 to the present and shows that at intervals, there have been baby booms other than the most recent one. Following each baby boom was baby bust, which in our time has been labeled as Generation X. The baby boom generation of the early 1900's discovered Jazz. The young reveled in the new music while the establishment frowned upon what it thought was nothing but noise. The women's movement rallied to get the vote and the Settlement-House movement was established to help the poor. The baby bust that came after 1920 is similar to that of Gen-X today. The current Baby Boomers followed the same course of action starting in the 1950's with Rock 'n' Roll. As the young reveled, the establishment tried to find heavy-duty ear-plugs. This time, the women's movement revived and fought for equal rights while the War on Poverty was carried on by governments. When Baby Boomers got older, all these activities came to an end. At the same time, shifts in expenditures and lifestyles of Baby Boomers caused shifts in aggregate demand, producing the long-wave economic cycle. Baby Boomers became more than just consumers, but investors also and their accumulation of wealth began to move the stock market and the housing market upwards. Baby Boomers, Generation X and Social Cycles examines the history Popular Music, the Women's Movement, the YMCA, Politics, Investments, Health Care, Retirement, and many other histories and relates them to changes caused by shifts in the composition of the population in both the United States and Canada. Approximately 60 long term statistics are presented to show the impact of demographics on economic and social change.

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