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

The book chronicles and vilifies its targets in three parts: “National Delusions”, “Peculiar Follies”, and “Philosophical Delusions”.The subjects of Mackay’s debunking include alchemy, beards (influence of politics and religion on), witch-hunts, crusades and duels. Present day writers on economics, such as Andrew Tobias, laud the three chapters on economic bubbles.

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

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