Extraordinary Popular Delusions and the Madness of Crowds

ISBN-13:	9781604594416
Publisher:	Wilder Publications
Publication date:	08/08/2008
Edition description:	New Edition
Pages:	440
Sales rank:	147,967
Product dimensions:	6.00(w) x 9.00(h) x 1.10(d)

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.