This selection, first published in 1973, compiles a fascinating study of crowd psychology as it examines the moral epidemics and fits of madness that have bewitched the cities of Europe and their citizens from the dark ages to modern times. Among the selections are tales of thieves and poisoners, demons and poltergeists mingled with all the crazes, fantasies, divinations and prophecies that have stunned the critical faculties.

This selection, first published in 1973, compiles a fascinating study of crowd psychology as it examines the moral epidemics and fits of madness that have bewitched the cities of Europe and their citizens from the dark ages to modern times. Among the selections are tales of thieves and poisoners, demons and poltergeists mingled with all the crazes, fantasies, divinations and prophecies that have stunned the critical faculties.

This book is a joy to read and remains relevant in the current era of financial boom and bust. Mackay examines animal magnetism, money-mania, tulip-mania, the history of hair and facial hair, the crusades, haunted houses, and much more. Throughout history, the most extraordinary fashions and trends have been followed unthinkingly, and occasionally this crowd fever has overtaken not only a town but a whole country; in some cases much of western Europe was engulfed simultaneously. The ability of some manias to be so far-reaching, and for common sense and intelligence to abandon such large populations seem incredible, though the book is as thought-provoking now as it was when first published in 1852. Brought to life with exquisite engravings and witty commentary, the first volume focusses on the financial bubbles in Europe and the wide-ranging consequences of fashions in hair, prophecies and alchemy.

This book is a joy to read and remains relevant in the current era of financial boom and bust. Mackay examines animal magnetism, money-mania, tulip-mania, the history of hair and facial hair, haunted houses, and much more. Throughout history, the most extraordinary fashions and trends have been followed unthinkingly, and occasionally this crowd fever has overtaken not only a town but a whole country; in some cases much of western Europe was engulfed simultaneously. The ability of some manias to be so far-reaching, and for common sense and intelligence to abandon such large populations seem incredible, though the book is as thought-provoking now as it was when first published in 1852. Volume 2 examines the fervour of the crusades and of witch trials, both of which engulfed Europe at different times. Explored on a lighter note are haunted houses and a fashion for lady poisoners.

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

Extraordinary Popular Delusions and the Madness of Crowds is the original guide to behavioural psychology - and how manias, follies and superstitions begin, spread and (eventually) pass. A hugely entertaining tour through financial scams and stock market bubbles, alchemical quests and prophecy wars, duelling bouts and relic hunts, the book is as insightful and memorable today as when it was first published over 150 years ago. This edition comes with an exclusive foreword by Russell Napier, author of Anatomy of the Bear. Harriman Definitive Editions offer the best quality editions of the best financial books of all time. Beautifully typeset in new designs, accompanied by forewords by the best modern financial writers, printed and bound in high-quality hardcovers on acid-free paper - they are essential long-term additions to the portfolio of every investor and trader.

This scarce antiquarian book is a selection from Kessinger Publishing's Legacy Reprint Series. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment to protecting, preserving, and promoting the world's literature. Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone

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

More than a century before Alan Greenspan coined the phrase "irrational exuberance" to describe the speculative bubble inflating technology stocks, Charles Mackay was recording the' history of "tulipomania", a speculative madness surrounding the value of tulips in the 18th century that was the ruin of many Dutch and English investors. This is only one of the "extraordinary popular delusions" documented by Mackay in a fascinating study of group psychology. He also describes notorious witch hunts, haunted houses, the Crusades, beliefs in fortunetellers and in the magical power of alchemy, veneration of relics, bogus health cures and health scares, and many other examples of human credulity and flights from reason. This work is a true classic in the study of paranormal beliefs, a funny, shocking, and unbelievable yet true history of human gullibility.