War and Presidential Greatness

Abstract:     
Historians and journalists commonly survey other historians on the relative 'greatness' of American presidents, and these rankings show remarkable consistency between surveys. In this paper we consider commonalities between highly ranked presidents and compare plausible determinants of greatness according to historians. We find that a strong predictor of greatness is the fraction of American lives lost in war during a president’s tenure. We find this predictor to be robust and compare favorably to other predictors used in previous historical research. We discuss potential reasons for this correlation and conclude with a discussion of how historians’ views might affect policy.

Number of Pages in PDF File: 20

Keywords: American history, presidency, American economic history

JEL Classification: N4, H56

working papers series