Book Library

Extraordinary Popular Delusions and the Madness of Crowds


Author: Charles Mackay

Publisher: Templeton Foundation Press

Year Printed: 1998

Edition: First

Printing: First

Condition: Good

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Pages: 724

Height: 8.5 inches

Width: 5.5 inches

Notes: 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.

See article published by IFA: Charles Mackay's Extraordinary Popular Delusions: Some Second Thoughts