The value of great leaders seems to be an unquestioned assumption. The goal of this Element is to explore the counterintuitive idea that great leaders can pose a hazard to themselves and their followers. Great leadership, which accomplishes morally commendable and difficult objectives by leaders...

Heroic Leadership is a celebration of our greatest heroes, from legends such as Mahatma Gandhi to the legions of unsung heroes who transform our world quietly behind the scenes. The authors argue that all great heroes are also great leaders. The term 'heroic leadership' is coined to describe how...

The paper analyzes the problems of inflation finance in economies in transition from plan to market, when there are complications due to the use of money creation to finance credit to productive enterprises.