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Extraordinary Popular Delusions and the Madness of Crowds [Paperback]

Our Price $ 16.96  
Retail Value $ 19.95  
You Save $ 2.99  (15%)  
Item Number 287525  
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Item Specifications...

Pages   750
Est. Packaging Dimensions:   Length: 1.4" Width: 5.5" Height: 8.5"
Weight:   1.95 lbs.
Binding  Softcover
Release Date   Nov 1, 1999
Publisher   Templeton Foundation Press
ISBN  1890151408  
EAN  9781890151409  

Availability  2 units.
Availability accurate as of May 28, 2017 06:43.
Usually ships within one to two business days from La Vergne, TN.
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Item Description...
Mackay's classic, first published in 1841, studies the psychology of crowds and mass mania throughout history including accounts of classic scams, grand-scale madness, and deceptions. Some of these include the Mississippi scheme that swept France in 1720, the South Sea bubble that ruined thousands in England at the same time, and the tulip mania of Holland, when fortunes were made and lost on single tulip bulbs. Other chapters deal with fads and delusions that often spring from valid ideas of causes, many of which still have their followers today: alchemy and the philosopher's stone, the prophecies of Nostradamus, the coming of comets and judgment day, the Rosicrucians, and astrology. Time and again we can avoid disastrous pitfalls and learn to profit by seeing the ways that history repeats itself. Fascinating, mesmerizing, strikingly strange, and amazingly shrewd, this book will never be forgotten and cannot be ignored.

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More About Charles MacKay

Register your artisan biography and upload your photo! Charles Mackay (1812-1889) was a Scottish poet, journalist, author, anthologist, novelist, and songwriter, remembered mainly for his book Extraordinary Popular Delusions and the Madness of Crowds.

Charles MacKay was born in 1814 and died in 1889.

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Product Categories
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Reviews - What do our customers think?
A fun and easy read on the stupidity of people  Jul 29, 2008
I really enjoyed this book. Often, people seem to think the problems of the modern world are new and insurmountable issues. This book shows the cycle of life is just that, a cycle. Working on the stock market, I'm constantly assailed with the negative news of the day. This book cites examples of the same issues we now face... only these examples come from roughly 300 years ago.

I am amazed that, as a species, we still cannot seem to learn from our past. This book shows that unregulated markets are rife with corruption, and the ignorant often suffer. Looking at our current housing market crisis, I see many similarities with the corruption and suffering of generations past. Within these pages, unscrupulous people will learn to profit. Of course, those same unscrupulous people will also be the ones crying for deregulation. There is a lesson to be learned here. Pick up the book and enjoy.
A classic must-read! Very, very insightful!  Jun 25, 2008
This book identifies and describes phenomena that most would assume to be foreseable and evident when observed as historical event.
However such manic human behavior keeps occuring over and over again, which inevitably (as history observes) have destructive consequences.

As many others have noted, this book is hard to read and it could certainly be written using much simpler vocabulary and probably in a fraction of its length.
However one must keep in mind that this book was initially written almost 200 years ago!

Personally, I value this book for the insights it offers into the history of crowd's delusions.
Consequently, the reader will hopefully be able to identify such manias in the future and act accordingly - assuming that he can remain detached enough from the mania itself.
This book is a popular delusion  Jun 23, 2008
The most boring book ever. No theory, no ideas, just page after page of stuff you already know. There is almost 200 pages on Alchemist. Nuff said.
Extraordinary Popular Delusions  May 9, 2008
This book was delayed, and by the time I was notified of the delay, it was too late to cancel the order and reorder somewhere else. It was also the abridged edition. I would have preferred the unabridged edition.
It's only a slice of the book!  Jun 27, 2007
I first discovered this book 40 years ago, and especially loved its description of the witchcraft hysteria. This is a lovely little edition, but it is only a small subset of the entire work, dealing specifically in three economic bubbles. It would have been good reading in 2000.

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