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Cover of Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay

Extraordinary Popular Delusions and the Madness of Crowds

Charles Mackay · 1841

The original book on market manias. Mackay's chronicle of the Dutch Tulip Mania, the South Sea Bubble, and the Mississippi Scheme remains the most vivid account of how collective delusion drives markets to extremes. Victorian prose, but the human dynamics are identical to every modern bubble from dot-com to crypto. The specific technology changes; the madness never does.

Business & Investing · the Pro canon

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