Why do scores of followers throughout history become attracted to leaders who demand sacrifice, campaigns of war or other adventures with unpredictable outcomes? Why do they command such powerful control over their followers? 'Madness and Leadership' studies leaders and followers from social,...

We show that officer training during the Swedish military service has a strong positive effect on the probability to attain a managerial position later in life. The most intense type of officer training increases the probability of becoming a civilian manager by about 5 percentage points, or 75...