Extraordinary popular delusions & the madness of crowds
(Book)
Uniform Title:
Author:
Published:
New York : Crown Trade Paperbacks, [1995?].
Format:
Book
Edition:
2nd pbk. ed.
Physical Desc:
xxv, 740 pages, [11] leaves of plates : ill. ; 23 cm.
Status:
Description
Why do otherwise intelligent individuals form seething masses of idiocy when they engage in collective action? Why do financially sensible people jump lemming-like into hare-brained speculative frenzies--only to jump broker-like out of windows when their fantasies dissolve? We may think that the Great Crash of 1929, junk bonds of the '80s, and over-valued high-tech stocks of the '90s are peculiarly 20th century aberrations, but Mackay's classic--first published in 1841--shows that the madness and confusion of crowds knows no limits, and has no temporal bounds. These are extraordinarily illuminating,and, unfortunately, entertaining tales of chicanery, greed and naivete. Essential reading for any student of human nature or the transmission of ideas. In fact, cases such as Tulipomania in 1624--when Tulip bulbs traded at a higher price than gold--suggest the existence of what I would dub "Mackay's Law of Mass Action:" when it comes to the effect of social behavior on the intelligence of individuals, 1+1 is often less than 2, and sometimes considerably less than 0.
Copies
Location
Call Number
Status
Guilford Adult Non-Fiction
301.15 M
Lost and Paid
More Details
Language:
English
ISBN:
051788433X
Notes
General Note
Originally published as: Memoirs of extraordinary popular delusions. London : R. Bentley, 1841.
General Note
Includes index.
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Citations
APA Citation (style guide)
Mackay, C. (1995). Extraordinary popular delusions & the madness of crowds. 2nd pbk. ed. New York, Crown Trade Paperbacks.
Chicago / Turabian - Author Date Citation (style guide)Mackay, Charles, 1814-1889. 1995. Extraordinary Popular Delusions & the Madness of Crowds. New York, Crown Trade Paperbacks.
Chicago / Turabian - Humanities Citation (style guide)Mackay, Charles, 1814-1889, Extraordinary Popular Delusions & the Madness of Crowds. New York, Crown Trade Paperbacks, 1995.
MLA Citation (style guide)Mackay, Charles. Extraordinary Popular Delusions & the Madness of Crowds. 2nd pbk. ed. New York, Crown Trade Paperbacks, 1995.
Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
Staff View
Grouped Work ID:
deef9015-3592-be0d-96b0-fead3505d3bd
Record Information
Last Sierra Extract Time | Apr 28, 2024 08:33:12 AM |
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Last File Modification Time | Apr 28, 2024 08:33:40 AM |
Last Grouped Work Modification Time | Apr 28, 2024 08:33:18 AM |
MARC Record
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500 | |a Includes index. | ||
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