Memoirs of Extraordinary Popular Delusions and the Madness of Crowds e-bog

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: "e;National Delusions,"e; "e;Peculiar Follies,"e; and "e;Philosophical Delusions."e; Learn why intelligent people do amazingly stupid things when caught up in speculative endeavors. 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.