Extraordinary Popular Delusions and the Madness of Crowds is a history of popular folly by Charles Mackay.
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.
Parts | National |
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