Somaiya SukornaExtraordinary Popular Delusions And The Madness Of Crowds Pdf
Extraordinary Popular Delusions and the Madness of Crowds is an early study of crowd psychology by Scottish journalist Charles Mackay, first published in 1841. The book was published in three volumes: “National Delusions”, “Peculiar Follies”, and “Philosophical Delusions”. Mackay was an accomplished teller of stories, though he wrote in a journalistic and somewhat sensational style.
Extraordinary Popular Delusions And The Madness Summary
The first volume begins with a discussion of three economic bubbles, or financial manias: 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.
Details Extraordinary Popular Delusions And The Madness Pdf Book
Name Of the Novel: Extraordinary Popular Delusions And The Madness
Author: Charles Mackay
Country: United Kingdom
Language: English
Subjects: Crowd psychology, economic bubbles, history
Publisher: Richard Bentley, London
Publication date: 1841
Media type: Print
Book Type: Pdf / ePub
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