Charles Mackay

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'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,' said author Charles Mackay in 1841. In his book, Extraordinary Popular Delusions and the Madness of Crowds, he charted in vibrant detail examples of financial, social and religious mass mania, including witch hunts; the prophecies of Nostradamus; haunted houses; alchemy and tulipmania - an eighteen-century financial craze in which speculators lost fortunes on a single Dutch tulip bulb. Mackay's study of these movements, in which normally level-headed people seemingly lost their heads, show that greed and fear have always been the driving forces of human action. Time and time again, history proves that people cannot resist the mesmeric allure of a popular craze with momentum behind it.

This book has been professionally retyped and reformatted to fit modern day standards by officials of the Portuguese Institute of Higher Studies in Geopolitics and Auxiliary Sciences. *** Extraordinary Popular Delusions and the Madness of Crowds is a history of popular folly by Scottish journalist Charles Mackay, first published in 1841. The book chronicles its subjects in three parts: "National Delusions", "Peculiar Follies", and "Philosophical Delusions". Despite its journalistic and rather sensational style, the book has gathered a body of academic support as a work of considerable importance in the history of social psychology and psychopathology. The subjects of Mackay's debunking include economic bubbles, alchemy, crusades, witch-hunts, prophecies, fortune-telling, magnetisers (influence of imagination in curing disease), shape of hair and beard (influence of politics and religion on), murder through poisoning, haunted houses, popular follies of great cities, popular admiration of great thieves, duels, and relics. Present day writers on economics, such as Andrew Tobias and Michael Lewis, laud the three chapters on economic bubbles. Scientist and astronomer Carl Sagan mentioned the book in his own discussion about pseudoscience, popular delusions, and hoaxes.

Memoirs of Extraordinary Popular Delusions and the Madness of Crowds is a two-volume study of crowd psychology and mass hysteria written by Scottish journalist Charles Mackay. Originally published in 1841, the book examines various historical events and social phenomena that have been driven by irrational beliefs and collective manias, such as the South Sea Bubble, the Crusades, and the witch hunts of the 16th and 17th centuries. Mackay analyzes the psychological and sociological factors that contribute to these phenomena, including the power of suggestion, groupthink, and the desire for social status and validation. The book also explores the role of media and propaganda in shaping public opinion and fostering mass delusions. Memoirs of Extraordinary Popular Delusions and the Madness of Crowds is considered a seminal work in the field of social psychology and remains relevant today for its insights into human behavior and the dangers of group mentality. This Is A New Release Of The Original 1852 Edition. This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.