A. Hayek, market theoreticians have to a large extent employed the equivalent of the Great Man theory of history to explain what makes markets tick.

FORBES: The Fable Of Market Meritocracy

However, I also believe that every great leader has a huge bias toward the inside- out, Great Man theory of history and human nature regardless of whether this theory is objectively valid or not.

FORBES: Eight Lessons from the Great Man (or Woman) School of Leadership

Both have advantages and disadvantages, much as the broad, impersonal-forces approach to the past and the heroic, great-man theory of history each have theirs.

ECONOMIST: The complex lives of legal persons