Charles Mackay's Extraordinary popular delusions and the madness of crowds

First published in 1841, Extraordinary Popular Delusions and the Madness of Crowds is often cited as the best book ever written about market psychology. Author Charles Mackay chronicles many celebrated financial manias, or ‘bubbles’, which demonstrate his assertion that “every age has its peculiar folly; some scheme, project, or fantasy into which it plunges, spurred on by the love of gain, the necessity of excitement, or the mere force of imitation.” This still holds fast today! Among the alleged ‘bubbles’ described by Mackay is the infamous Dutch tulip mania, the South Sea Company bubble and the Mississippi Company bubble. And what do bubbles do? Why they burst of course. Tim Phillips's interpretation of Mackay's work is not a substitute for the original; its purpose is simply to illustrate the timeless nature of these inspirational insights by bringing them to life through modern business and political case studies. This brilliant interpretation of Extraordinary Popular Delusions… is an entertaining accompaniment to one of the most famous books ever written.

(London) has been a freelance journalist since 1990, writing about business, technology, social change and innovation. He has written for the Wall Street Journal Europe, the International Herald Tribune, The Times, the Sunday Times, the Observer, the Independent and the Daily Express among others. For two years he was a technology and Internet columnist for the Guardian. Tim is also author of Niccolo Machiavelli's The Prince (9781904902836) and Charles Mackay's Extraordinary popular delusions and the madness of crowds (9781905940912).

How do you rate this Book? - 5 star 4 star 3 star 2 star 1 star
Name as how you wish it to appear next to review: