Extraordinary Popular Delusions
Selections from Memoirs of Extraordinary Popular Delusions and the Madness of Crowds
Charles MacKay
Explore historic financial manias in this riveting and absorbing book about market psychology. Charles Mackay's account of John Law's Mississipi Scheme, the South Sea Bubble, and Tulipomania highlight the driving forces of financial markets: fear and greed. With hindsight, Mackay's masterful chronicling of these social and financial histories proves to be an absorbing thriller and an excellent historical document. A century and a half later, it remains as vibrant and relevant as ever, serving as a cautionary tale for modern-day investors.
Publish Date
2003-09-01T00:00:00.000Z
2003-09-01T00:00:00.000Z
first published in 1841
Goodreads Rating
3.83
ISBN
9781420961010
Recommendations
3
Recommendations
2021-01-31T03:46:37.000Z
@mims There’s a really great book called “Extraordinary Popular Delusions and the Madness of Crowds” from the late 1800s that goes into a bunch of case studies. Tulip mania but also witch hunts. Human psychology remains the same, the speed and scale have changed. – source