Title: Extraordinary Popular Delusions and the Madness of Crowds
Author: Charles Mackay
Price: FREE
Rating: 4.0 out of 5 stars (93)
The frequently quoted classic exposition of the madness and folly of “popular opinion”. Extensive discussion about history’s most infamous speculative investment bubbles – the Tulipmania, the South Sea Bubble, and more. Additional coverage and debunking of delusions including alchemy, witch-hunts, The Crusades and duels. Present day writers on economics, such as Andrew Tobias, laud the chapters on economic bubbles.