Extraordinary Economic and Social Events Associated with the Solar Cycle Maximum

Mikhail Gorbanev

MPRA Paper from University Library of Munich, Germany

Abstract: The currently unfolding solar cycle 25 reached its maximum on or about October 2024. According to long-standing theoretical claims, cyclical maximums of solar activity could be associated with economic recessions (W.S.Jevons), revolutions and migration (A.L.Chizhevsky). And indeed, several of such extraordinary events have already occurred recently. These include revolutions in Bangladesh (2024), government collapse in Syria (2024), Hamas terrorist attack on Israel (2023), and student protests in the US and Europe against the war in Palestine (2024). Meanwhile, migrant influx overwhelmed the US and Western Europe. Are we going to see more of the extraordinary events typically associated with the solar maximums, such as revolutions in a few more countries colliding in a revolutionary wave like the Arab Spring of 2010-12 or collapse of Communism in 1989-91? Or economic recessions in the US and other advanced economies leading to a global economic slowdown?

Keywords: revolution; recession; business cycle; sunspot; solar cycle (search for similar items in EconPapers)
JEL-codes: E32 F44 Q51 Q54 (search for similar items in EconPapers)
Date: 2025-01-20
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