Extraordinary Popular Delusions: And the Madness of Crowds

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Prometheus Books, May 1, 2001 - True Crime - 724 pages
13 Reviews
More than a century before Alan Greenspan coined the phrase "irrational exuberance" to describe the speculative bubble inflating technology stocks, Charles Mackay was recording the' history of "tulipomania", a speculative madness surrounding the value of tulips in the 18th century that was the ruin of many Dutch and English investors. This is only one of the "extraordinary popular delusions" documented by Mackay in a fascinating study of group psychology. He also describes notorious witch hunts, haunted houses, the Crusades, beliefs in fortunetellers and in the magical power of alchemy, veneration of relics, bogus health cures and health scares, and many other examples of human credulity and flights from reason. This work is a true classic in the study of paranormal beliefs, a funny, shocking, and unbelievable yet true history of human gullibility.

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Review: Extraordinary Popular Delusions and the Madness of Crowds

User Review  - Ben Sutter - Goodreads

This book is really just a collection of notes and stories with varying levels of substantiation. Like most, I was first drawn this book because of its classic first three chapters on market ... Read full review

Review: Extraordinary Popular Delusions and the Madness of Crowds

User Review  - Al Maki - Goodreads

Today, July 29, 2014, Amazon has a market capitalization of $147,380,000,000 and a price/earnings ratio of 569. That is, people have one hundred forty seven billion dollars invested in Amazon and at ... Read full review

Contents

THE MISSISSIPPI SCHEME
1
THE SOUTHSEA BUBBLE
46
THE TULIPOMANIA
89
Copyright

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