This dynamic has recurred throughout American history. Roughly every two decades (the span of one phase of life), there has arisen a new constellation of generations—a new layering of generational personas up and down the age ladder. As this constellation has shifted, so has the national mood. Consider what happened, from the late 1950s to the late 1970s, as one generation replaced another at each phase of life: ■ In elderhood, the cautionary individualists of the Lost Generation (born 1883–1900) were replaced by the hubristic G.I. Generation (born 1901–1924), who launched America into an
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