Extraordinary Popular Delusions and the Madness of Crowds is a history of popular folly by Charles Mackay. The book chronicles its targets in three parts: "National Delusions," "Peculiar Follies," and "Philosophical Delusions." Learn why intelligent people do amazingly stupid things when caught up in speculative edevorse.
The subjects of Mackay's debunking include alchemy, beards (influence of politics and religion on), witch-hunts, crusades and duels. Present day writers on economics, such as Andrew Tobias, laud the three chapters on economic bubbles.
Extraordinary Popular Delusions and the Madness of Crowds
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Extraordinary Popular Delusions and the Madness of Crowds is a history of popular folly by Charles Mackay. The book chronicles its targets in three parts: "National Delusions," "Peculiar Follies," and "Philosophical Delusions." Learn why intelligent people do amazingly stupid things when caught up in speculative edevorse.
The subjects of Mackay's debunking include alchemy, beards (influence of politics and religion on), witch-hunts, crusades and duels. Present day writers on economics, such as Andrew Tobias, laud the three chapters on economic bubbles.
In this book, Charles Mackay discusses the irrational behaviors of crowds in the economy, war and magic. He gives several different examples of market bubbles, such as the Mississippi Scheme and the...
If you've ever wondered where popular catch phrases and slang comes from or why men's beards go in and out of fashion, then this book is for you. How often do you come across a book that can explain...
"We find those whole communities suddenly fix their minds upon one object and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it”…Does...
If you've ever wondered where popular catch phrases and slang comes from or why men's beards go in and out of fashion, then this book is for you. How often do you come across a book that can explain...
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