I didn't know what until I started the book, though. I kind of wish I'd read the whole thing. I guess the low rating is my fault, this book is written in a very victorian styles and it feels more like a reference book than one that you actually opens to read it from beginning to end. Plus ça change; history repeats itself because human nature doesn't change. Some of the long sections include financial bubbles, alchemy, the Crusades, and witch hunting frenzies. Extraordinary Popular Delusions and the Madness of Crowds is an early study of crowd psychology by Scottish journalist Charles Mackay, first published in 1841. I'm always delighted to read of the foibles of Walter the Penniless and Peter the Hermit, truly amusing but for the (hundreds of?) This project is complete. The most memorable portions of it are about financial scams, panics and fads--all crazy. He was trying entertain his audience and to demonstrate, as effectively as. Download it once and read it on your Kindle device, PC, phones or tablets. Anyway, lost interest after the 78th description of some renaissance alchemist, Today, July 29, 2014, Amazon has a market capitalization of $147,380,000,000 and a price/earnings ratio of 569. To see what your friends thought of this book. Why read a book originally published in 1841 about the delusions and madness of times long gone? The chapter dealing with trendy phrases was particularily illustrative of this. Oh, how he would have marveled at this total mess of delusional madness! Extraordinary Popular Delusions and the Madness of Crowds is an early study of crowd psychology by Scottish journalist Charles Mackay, first published in 1841 under the title Memoirs of Extraordinary Popular Delusions. Well, yes, we are! This book is quite a riveting book. Extraordinary Popular Delusions is a 700 page study of what Mackay calls the Madness of Europe, up until 1841. It opens out the whole realm of fiction – the wild, the fantastic, and the wonderful, and all the immense variety of things “that are not, and cannot be be; but have been imagined and believed.”. The study of the errors into which great minds have fallen in the pursuit of truth can never be uninstructive. That is, people have one hundred forty seven billion dollars invested in Amazon and at the present rate will earn back their money in 569 years. Refresh and try again. I think the author makes a strong case early in the work: The book was first published in 1841, but all the recent bubbles (Japanese real estate, dot-com, us housing bubbles) shares similarity with the older events . Mackay wasn't trying to write about mass psychology or economics, after all. I was surprised and somewhat pleased to see that some business book publishers help keep this amusing work in print. Charles Mackay was a Scottish poet, journalist, author, anthologist, novelist, and songwriter, remembered mainly for his book, “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.”, “I never lost money by turning a profit.”, (Extraordinary Popular Delusions and The Madness of Crowds #1-3), http://www.gutenberg.org/browse/authors/m#a516, Extraordinary Popular Delusions and The Madness of Crowds #1-3, Extraordinary Popular Delusions and The Madness of Crowds, A Mystery Maven's Favorite Whodunits, Thrillers, and Capers of 2020. 4.7 out of 5 stars 4. Free kindle book and epub digitized and proofread by Project Gutenberg. While the book is a must-read for anyone who wants to see maxims about the value of historical knowledge played out, the actual reading of it might be a bit of a chore. EXTRAORDINARY POPULAR DELUSIONS By Charles Mackay Author Of "The Thames And Its Tributaries," "The Hope Of The World," Etc. Marvellous walk through all the madnesses of mankind known so far! volume ii. Except for the Covid-19, of course, which the author was lucky enough to have been spared. Mackay is sometimes a little silly (he spends hundreds of pages showing how the brightest men of science and learning fell for alchemy, then looks to science and knowledge to save us from superstitions like witchcraft) but always entertaining and often fairly profound. And on and on. There is truly nothing new under the sun; the catalog of human daftness, though entertainingly long and varied, is nonetheless finite. A charmingly dated look at frauds, hoaxsters and other chicanery, Charles Mackay's classic Extraordinary Popular Delusions & the Madness of Crowds, is an interesting, facinating read. This book is an excellent place to start if you want to understand how this could come about. Kellye Garrett's first novel, Hollywood Homicide, was released in August 2017 and won the Agatha, Anthony, Lefty, and Independent Publisher... First published in 1841, Extraordinary Popular Delusions and the Madness of Crowds is often cited as the best book ever written about market psychology. The book chronicles and vilifies its targets in three parts: "National Delusions", "Peculiar Follies", and "Philosophical Delusions". Magnum opus on historical fantasies in three volumes. Be the first to ask a question about Extraordinary Popular Delusions and the Madness of Crowds. Memoirs of Extraordinary Popular Delusions — Volume 1 by Charles Mackay - Free Ebook Menu And how about those many thousands of suspected witches who met brutal deaths? The Madness of Crowds may refer to: . 1852. memoirs of extraordinary popular delusions and the madness of crowds… Reading this book written over 150 years ago majes you realize how little people have changed over the course of history, right up to today. Crowd Psychology 538 Words | 2 Pages. He was trying entertain his audience and to demonstrate, as effectively as possible, one simple thing: that humans, as a species are quite incurably insane. Page 1 of 1 - About 7 essays. There are no discussion topics on this book yet. C harles Mackay wrote not of pandemics but “moral epidemics” 179 years ago in Extraordinary Popular Delusions and the Madness of Crowds. Extraordinary Popular Delusions and the Madness of Crowds provides a list of historys ridiculous schemes, fantasies, prophesies witchcraft, faith healers and more. Like ... ― Charles Mackay, Extraordinary Popular Delusions & the Madness of Crowds… He reminds us that, no matter how batshit crazy a particular fad might seem, it's already been done by our ancestors. If you think Monty Pythons witch scene where villagers burn an alleged witch because witches are supposed to be burned, wood also burns, wood floats, ducks also float, and the alleged must therefore be a witch if she weighs the same as a duck is funny, it is. The book chronicles its targets in three parts: "National Delusions," "Peculiar Follies," and "Philosophical Delusions… As the man looks back to the days of his childhood and his youth, and recalls to his mind the strange notions that swayed his actions at that time, that he may wonder at them; so should society, for its education, look back to the opinions which governed the ages fled. This book is an excellent place to start if you want to understand how this could come about. Librivox recording of Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, Volume I by Charles Mackay. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds … come to light by the judgment of physicians, the foul play that had been offered him, consented to stifle him with the bedclothes, which accordingly was performed; and so ended his miserable life, with the … The question that I intend to study is: How do shy people react in a crowd… Memoirs of Extraordinary Popular Delusions by Charles Mackay The Project Gutenberg EBook of Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, … The core ideas is great, but the presentation is very tedious. We get wound up over such ridiculous things, and perform such ridiculous acts for such ridiculous reasons that you have to wonder why, if there is a God, the world contains so many sharp objects and so few padded surfaces... We tend to think of sarcasm as a modern affliction, but Charles Mackay's writing is as sarcastic as anything I have ever read. Let us not, in the pride of our superior knowledge, turn with contempt from the follies of our predecessors. No man is so wise but that he may learn some wisdom from his past errors, either of thought or action; and no society has made such advances as to be capable of no improvement from the retrospect of its past folly and credulity. He reminds us that, no matter how batshit crazy a particular fad might seem, it's already been done by our ancestors. The name of the book describes exactly what you might expect it to contain. Just a moment while we sign you in to your Goodreads account. Shorter sections cover various. “We find that whole communities … Shorter sections cover various types of medical quackery, doomsday prophets, poisoners, and dueling. What a delightful read! Some of the long sections include financial bubbles, alchemy, the Crusades, and witch hunting frenzies. The chapters on Tulipomania or The South Sea Bubble will remind the ignorant that nothing much has changed in 400 years except the name of the swindle or Ponzi scheme. It can serve as a springboard to the study of actual history, economics, and psychology, or it can be an entertaining way to pass some time -- but don't believe everything you read here. thousands of misguided followers who met an early and painful death in the first crusade. You may copy it, give it away or re-use it under the terms of the Project Gutenberg … london: office of the national illustrated library, 227 strand. Book from Project Gutenberg: Memoirs of Extraordinary Popular Delusions and the Madness of Crowds Library of Congress Classification: AZ Addeddate 2011-06-10 21:33:55 “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only … Memoirs of Extraordinary Popular Delusions and the Madness of Crowds. But at bottom this is not a. I only read the chapter on witches. It's like history has conspired to bear out MacKay's thesis to perfection: you could hardly hope for better validation outisde of a laboratory! How could such foolishness sustain itself for so long at such cost? But at bottom this is not a financial phenomenon, but one of mob psychology. When physicist Isaac Newton lost some fortune in his investment in the South Sea Company, he said "I can calculate the motions of heavenly bodies, but not the madness of people" and warned others not mention the name "South Sea" ever again in his presence. Extraordinary Popular Delusions and Madness of the Crowds, In the weeks before the election, as the financial crisis spun ever farther out of control and the pundits' shrieks grew ever more shrill, I browsed through "Popular Delusions.." and found solace. That is, people have one hundred forty seven billion dollars invested in Amazon and at the present rate will earn back their money in 569 years. by Harriman House, Extraordinary Popular Delusions and the Madness of Crowds. Just got there, I got some golden nuggets from this but the peak of it wasn't the once I expected it to be, but great read nevertheless. Witch: A Tale of Terror by Charles Mackay, Sam Harris (Editor/Narrator) We’d love your help. I understand completely why this text was reissued: the parallels to contemporary events (like the dot-com bubble, the housing bubble, the crash of 2007 and frenzied investment in Iraqi infrastructure and petroleum projects) are so striking as to almost seem contrived. It would be a very different thing had the author been a twenty-first century social scientist. Extraordinary Popular Delusions is a 700 page study of what Mackay calls the Madness of Europe, up until 1841. Monthly payments create confidence-shattering sticker shock. Welcome back. The book chronicles its targets in three parts: "National Delusions," "Peculiar Follies," and "Philosophical Delusions… This book is quite a riveting book. In The Madness of Crowds Douglas Murray investigates the dangers of ‘woke’ culture and the rise of identity politics. The Mississippi scheme -- The south-sea bubble -- The tulipomania -- The alchymists -- Modern prophecies -- Fortune-telling -- The magnetisers -- Influence of politics and religion on the hair and beard -- The crusades -- The witch mania -- The slow poisoners -- Haunted houses -- Popular follies of great cities -- Popular admiration of great thieves -- Duels and ordeals -- Relics. Sam Harris wrote an intro to that and published it as its own little book. Charles Mackay's extraordinary survey of the various manifestations of mass hysteria throughout history cannot help but offer perspective. Let us know what’s wrong with this preview of, Published Mackay, Charles, 1814-1889: Extraordinary popular delusions and the madness of crowds, (Boston, L. C. Page & company, 1932) (page images at HathiTrust) Mackay, Charles, 1814-1889: Extraordinary popular delusions and the madness of crowds… The book was published in three volumes: "National Delusions", "Peculiar Follies", and "Philosophical Delusions… Use features like bookmarks, note taking and highlighting while reading Extraordinary Popular Delusions and the Madness of Crowds… A historically important compendium of urban myths gilded with a thin layer of facts and moralizing musings. And not only is such a study instructive: he who reads for amusement only will find no chapter in the annals of the human mind more amusing than this. You are better off reading a summary of the different categories that the author covers (e.g. It's been too long since I've read this, but there's a, Mark Twain once famously characterized a "classic" as "a book that everyone praises and nobody reads," and while there are plenty of classics that absolutely hold up (. Extraordinary Popular Delusions and the Madness of Crowds: Financial edition (Harriman House Classics) - Kindle edition by Charles Mackay. Madness! Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, Vol. If you think Monty Python’s witch scene — where villagers burn an alleged witch because witches are supposed to be burned, wood also burns, wood floats, ducks also float, and the alleged must therefore be a witch if she weighs the same as a duck — is funny, it is. The Madness of Crowds (Troy Donockley album), 2009; The Madness of Crowds (Ingrid Laubrock album), 2011; The Madness of Crowds: Gender, Race and Identity, a 2019 book by Douglas Murray; See also. It is best, then, to think of The Madness of Crowds as a catalogue of bizarre human behaviour, rather then a piece of popular science writing. The book is divided into long and short sections, depending on how exhaustively the author wanted to explore a given topic. In the weeks before the election, as the financial crisis spun ever farther out of control and the pundits' shrieks grew ever more shrill, I browsed through "Popular Delusions.." and found solace. Strap on your seat belts. Madness! 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