Extraordinary Popular Delusions and the Madness of Crowds

Book Description

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.

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