America in Crisis • 39 implied HN points • 04 Apr 23
- America's history follows cyclical patterns of expansion, stagnation, crisis, and resolution, influenced by population growth, economic inequality, and elite competition.
- Secular cycles have been identified in American history from 1780 to 1930 and a current ongoing cycle since 1930, driven by demographic mechanisms and economic inequality.
- The resolution of past cycles involved significant events like the Civil War and the Great Depression, with policy responses playing a crucial role in resolving economic and political crises.