Extraordinary Popular Delusions
by Charles Mackay
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Book Summary Information
Author: Charles MackayEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2003-08-27
ISBN: 0486432238
Number of pages: 112
Publisher: Dover Publications
Book Reviews of Extraordinary Popular Delusions
Book Review: Google at $400.00? Maybe more chapters to be written?
Summary: 4 Stars
Keep this book within handy reach for any time that you're getting a bit too smart for your britches. How otherwise intelligent and rational folk get themselves into these troubles is truly fascinating and instructive. The writing here is, of course, rather archaic to modern sensibilities (originally published in 1841) but the stories are interesting and very readable. It's tempting to read the tales as history but when I see Goggle trading at over $400.00 I scratch my head and wonder. And when I hear the president cutting taxes, increasing spending, and still assuring me that my Social Security payments are secure, well, I think there might be a few chapters still waiting to be writing in the book. A good read.
Summary of Extraordinary Popular Delusions
Classic survey of crowd psychology takes an illuminating, entertaining look at three historic swindles: "The Mississippi Scheme," "The South-Sea Bubble," and "Tulipomania." Fired by greed and fed by naïveté, these stratagems gone awry offer essential reading for investors as well as students of history, psychology, and human nature.
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