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 Extraordinary Popular Delusions and The Madness of Crowds - Charles Mackay Printed Book
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Extraordinary Popular Delusions and The Madness of Crowds - Charles Mackay

 

Description: ISBN 1853263494 / Author: Charles Mackay / Genre: Politics / Society / Philosophy / Publisher: Wordsworth Editions Ltd / Whenever struck ... more
Extraordinary Popular Delusions and The Madness of Crowds - Charles Mackay ... by campaigns, fads, cults and fashions, the reader may take some comfort that Charles Mackay can demonstrate historical parallels for almost every neurosis of our times. The South Sea Bubble, Witch Mania, Alchemy, the Crusades, Fortune-telling, Haunted Houses, and even 'Tulipomania' are only some of the subjects covered in this book, which is given a contemporary perspective through Professor Norman Stone's lively new Introduction.

Newest Review: ... EPD is little read these days outside the investment world, because its subject matter is much broader than finance alone, ... more

 ... and would have lessons of much wider application for all of us if we were only capable of heeding them. Mackay is concerned with the irrational element in human nature, and in particular with the way in which the social interaction of human beings aggravates their irrationality and suppresses the self-doubt that might otherwise restrain it. He presents his theme in the form of a series of anecdotal case studies. Some are of obvious relevance. With others the relevance is less obvious, and in a few cases one rather su...more

duncantorr
Crowned Review Extraordinary Popular Delusions and The Madness of Crowds - Charles Mackay: Fire burn and cauldron bubble (1997 words)
by duncantorr - written on 18/05/08 (Very useful, 352 readings)
Rating:

You are, I'm sure, dear reader, a sensible person, just like me. Left to ourselves, we think about things clearly, come to considered conclusions and act rationally. You would not, I'm sure, pay more for a tulip bulb than for a house, denounce your neighbour as a witch and only believe in her innocence if she drowned when thrown in the pond, or leave your family for years to rush off on Crusade just because some mad hermit preached at you. Neither, I like to think, would I. Yet people, apparently no stupider than we are, have done all these things, and done them not as isolated individuals, but in droves. Left to ourselves, we think about things ...

 

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