Extraordinary Popular Delusions and The Madness of Crowds

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  • Extraordinary Popular Delusions and The Madness of Crowds Book Detail

  • Author : Charles Mackay
  • Release Date : 2023-05-24
  • Publisher :
  • Genre :
  • Pages : 0
  • ISBN 13 : 9781088138489
  • File Size : 80,80 MB

Extraordinary Popular Delusions and The Madness of Crowds by Charles Mackay PDF Summary

Book Description: This is the full unabridged edition that includes all three volumes. In this book, Charles Mackay discusses the irrational behaviors of crowds in the economy, war and magic. He gives several different examples of market bubbles such as the Mississippi Scheme and the infamous Tulip Mania in the Netherlands. Ever since it was written, Investors have used it as a guide to help identify boom and bust cycles. Extraordinary Popular Delusions and The Madness of Crowds has had an important influence on economists in understanding of crowd psychology and feedback loops.

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