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[eBook] [PDF] For Presidential Leadership in Feeble Times 1st Edition By Mark Zachary Taylor
Do presidents matter for America’s economic performance? We tend to stereotype the Gilded Age presidents of the late nineteenth century as weak. We also assume that the American people were intellectually misguided about the economy and the government’s role in it during this era. And we generally dismiss the Gilded Age macro-economy as boring–little interesting or important happened. Instead, the micro-economics of the business world was where the action was located. More broadly, many economists and political scientists believe that individual presidents do not matter much, even in the twenty-first century. Institutional constraints and historical circumstance dictate success or failure; the White House is just along for the ride.
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