Some of the long sections include financial bubbles, alchemy, the Crusades, and witch hunting frenzies. Extraordinary Popular Delusions and the Madness of Crowds is a history of popular folly by Scottish journalist Charles Mackay, first published in 1841.The book chronicles its subjects in three parts: "National Delusions", "Peculiar Follies", and "Philosophical Delusions". Rising mortgage rates preclude fricitionless refinancing and repricings. No man is so wise but that he may learn some wisdom from his past errors, either of thought or action; and no society has made such advances as to be capable of no improvement from the retrospect of its past folly and credulity. Originally published in 1841 under title: Memoirs of extraordinary popular delusions Includes bibliographical references and index The Mississippi Scheme -- John Law; his birth and youthful … ... as this classic expose of the madness of humanity demonstrates in a way that's both disturbing and highly entertaining. Kellye Garrett's first novel, Hollywood Homicide, was released in August 2017 and won the Agatha, Anthony, Lefty, and Independent Publisher... First published in 1841, Extraordinary Popular Delusions and the Madness of Crowds is often cited as the best book ever written about market psychology. Extraordinary Popular Delusions and the Madness of Crowds is a history of popular folly by Charles Mackay. Download it once and read it on your Kindle device, PC, phones or tablets. He is but a superficial thinker who would despise and refuse to hear of them merely because they are absurd. Today, July 29, 2014, Amazon has a market capitalization of $147,380,000,000 and a price/earnings ratio of 569. extraordinary popular delusions. 98 likes. September 1st 2003 The book is divided into long and short sections, depending on how exhaustively the author wanted to explore a given topic. Just a moment while we sign you in to your Goodreads account. Extraordinary Popular Delusions and the Madness of Crowds provides a list of historys ridiculous schemes, fantasies, prophesies witchcraft, faith healers and more. Extraordinary Popular Delusions and the Madness of Crowds is an early study of crowd psychology by Scottish journalist Charles Mackay, first published in 1841. Like ... ― Charles Mackay, Extraordinary Popular Delusions & the Madness of Crowds… It would be a very different thing had the author been a twenty-first century social scientist. I was surprised and somewhat pleased to see that some business book publishers help keep this amusing work in print. What a delightful read! Madness! It would be a very different thing had the author been a twenty-first century social scientist. The Mississippi scheme -- The south-sea bubble -- The tulipomania -- The alchymists -- Modern prophecies -- Fortune-telling -- The magnetisers -- Influence of politics and religion on the hair and beard -- The crusades -- The witch mania -- The slow poisoners -- Haunted houses -- Popular follies of great cities -- Popular admiration of great thieves -- Duels and ordeals -- Relics. Plus ça change; history repeats itself because human nature doesn't change. ― Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds. If you think Monty Python’s witch scene — where villagers burn an alleged witch because witches are supposed to be burned, wood also burns, wood floats, ducks also float, and the alleged must therefore be a witch if she weighs the same as a duck — is funny, it is. thousands of misguided followers who met an early and painful death in the first crusade. Yes, plus ça change, plus c'est la même chose. It can serve as a springboard to the study of actual history, economics, and psychology, or it can be an entertaining way to pass some time -- but don't believe everything you read here. This book is an excellent place to start if you want to understand how this could come about. The name of the book describes exactly what you might expect it to contain. It opens out the whole realm of fiction – the wild, the fantastic, and the wonderful, and all the immense variety of things “that are not, and cannot be be; but have been imagined and believed.”. I'm always delighted to read of the foibles of Walter the Penniless and Peter the Hermit, truly amusing but for the (hundreds of?) In the weeks before the election, as the financial crisis spun ever farther out of control and the pundits' shrieks grew ever more shrill, I browsed through "Popular Delusions.." and found solace. Some of the long sections include financial bubbles, alchemy, the Crusades, and witch hunting frenzies. 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