Extraordinary Popular Delusions and the Madness of Crowds

Author: Charles Mackay

Publisher: Harriman House Limited

ISBN:

Category: Business & Economics

Page: 114

View: 764

First published in 1841, Extraordinary Popular Delusions and the Madness of Crowds is often cited as the best book ever written about market psychology. This Harriman House edition includes Charles Mackay's account of the three infamous financial manias - John Law's Mississipi Scheme, the South Sea Bubble, and Tulipomania. Between the three of them, these historic episodes confirm that greed and fear have always been the driving forces of financial markets, and, furthermore, that being sensible and clever is no defence against the mesmeric allure of a popular craze with the wind behind it. In writing the history of the great financial manias, Charles Mackay proved himself a master chronicler of social as well as financial history. Blessed with a cast of characters that covered all the vices, gifted a passage of events which was inevitably heading for disaster, and with the benefit of hindsight, he produced a record that is at once a riveting thriller and absorbing historical document. A century and a half later, it is as vibrant and lurid as the day it was written. For modern-day investors, still reeling from the dotcom crash, the moral of the popular manias scarcely needs spelling out. When the next stock market bubble comes along, as it surely will, you are advised to recall the plight of some of the unfortunates on these pages, and avoid getting dragged under the wheels of the careering bandwagon yourself.

Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds

A modern-day interpretation of a finance classic

Author: Tim Phillips

Publisher: Infinite Ideas

ISBN:

Category: Business & Economics

Page: 120

View: 502

Tim Phillips’ thoroughly up-to-date interpretation of Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds, a classic of popular psychology, illustrates the principles of Mackay’s analysis of financial bubbles with modern examples to enable 21st century readers to understand crowd psychology and invest wisely.

Extraordinary Popular Delusions and the Madness of Crowds

Author: Charles Mackay

Publisher: Templeton Foundation Press

ISBN:

Category: History

Page: 744

View: 652

This work 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 and the South Sea Bubble that ruined thousands in England at the same time.

Memoirs of Extraordinary Popular Delusions and the Madness of Crowds

Author: Charles MacKay

Publisher: Createspace Independent Publishing Platform

ISBN:

Category:

Page: 656

View: 220

Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Charles MacKay Popular delusions began so early, spread so widely, and have lasted so long, that instead of two or three volumes, fifty would scarcely suffice to detail their history. The present may be considered more of a miscellany of delusions than a history--a chapter only in the great and awful book of human folly which yet remains to be written, and which Porson once jestingly said he would write in five hundred volumes! Interspersed are sketches of some lighter matters, --amusing instances of the imitativeness and wrongheadedness of the people, rather than examples of folly and delusion.Religious matters have been purposely excluded as incompatible with the limits prescribed to the present work; a mere list of them would alone be sufficient to occupy a volume.

Extraordinary Popular Delusions & the Madness of Crowds

Author: Charles Mackay

Publisher: Broadway Books

ISBN:

Category: History

Page: 740

View: 616

A complete repackaging of the classic work about grand-scale madness, major schemes, and bamboozlement--and the universal human susceptibility to all three. This informative, funny collection encompasses a broad range of manias and deceptions, from witch burnings to the Great Crusades to the prophecies of Nostradamus.

Extraordinary Popular Delusions and the Madness of Crowds Financial Panics and Manias

Author: Charles Mackay

Publisher: Martino Fine Books

ISBN:

Category: History

Page: 108

View: 576

REPRINT. 106 pp. Mackay's original work, first published in 1841 in three volumes, is an account of irrational human behavior across many spectra. Financial panics, occultism, witch mania and the crusades were among the topics he covered. The present edition reprints only those portions of Mackay's original work that deal with financial mania and panics.Among the alleged bubbles or financial manias described by Mackay is the South Sea Company bubble of 1711-1720, the Mississippi Company bubble of 1719-1720, and the Dutch tulip mania of the early seventeenth century. According to Mackay, during this bubble, speculators from all walks of life bought and sold tulip bulbs and even futures contracts on them. Allegedly some tulip bulb varieties briefly became the most expensive objects in the world during 1637.Financier Bernard Baruch credited the lessons he learned from Extraordinary Popular Delusions and the Madness of Crowds with his decision to sell all his stock ahead of the financial crash of 1929.

Ponzi schemes, invaders from Mars & more extraordinary popular delusions, and the madness of crowds

Author: Joseph Bulgatz

Publisher: Three Rivers Press

ISBN:

Category: Body, Mind & Spirit

Page: 437

View: 583

A follow-up to Extraordinary Popular Delusions and the Madness of Crowds discusses bizarre incidents and deluded behavior throughout history, including the Jonestown mass suicide and the broadcast of War of the Worlds. Original. 25,000 first printing.