Extraordinary Popular Delusions


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About The Book

<p>2017 Reprint of 1852 Edition.  Being selections from <em>Memoirs of Extraordinary Popular Delusions and the Madness of Crowds.  </em><strong>Mackay’s work first published in 1841 chronicles the various fallacies and delusions that have afflicted human thinking during the modern period.  Though the scope of the first edition was wide ranging--including alchemy fortune-telling haunted houses and other forms of philosophical delusion—the present editions reprints only those portions of the original work that pertain to economic bubbles.  Present-day writers on economics such as Michael Lewis and Andrew Tobias laud Mackay’s three chapters on the Tulipomania the South Sea Bubble and on the Mississippi Scheme.</strong></p>
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