Project Gutenberg
2008-02-05
Public domain in the USA.
2337
Mackay, Charles
1814
1889
Mackay, Chas. (Charles)
Memoirs of Extraordinary Popular Delusions and the Madness of Crowds
Wikipedia page about this book: https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds
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.
Jonathan Ingram, Bill Tozier, Barbara Tozier and the Online Distributed Proofreading Team
"Memoirs of Extraordinary Popular Delusions and the Madness of Crowds" by Charles Mackay is a historical account written in the mid-19th century. The book investigates various collective follies and delusions that have swept through societies across time, analyzing how social dynamics can lead to widespread irrational behavior among people. Topics like financial manias, such as the Mississippi Scheme and the South-Sea Bubble, are central to Mackay's exploration of humanity's propensity for folly. The opening of the work sets the stage for an examination of the concept of collective insanity, focusing on the life of John Law, a key figure in the Mississippi Scheme. Mackay introduces the reader to Law as both a brilliant financier and a possible conman, illustrating his rise and fall amid the frenzy and greed of the French populace. It describes Law's early life, his gambling exploits, and how he caught the attention of the Duke of Orleans, leading to his ambitious financial schemes intended to restore France's economy after years of corruption. This narrative not only foreshadows Law's eventual downfall but also reflects on the broader themes of ambition and delusion that permeate societal behaviors throughout history. (This is an automatically generated summary.)
Reading ease score: 64.0 (8th & 9th grade). Neither easy nor difficult to read.
en
Social psychology
Swindlers and swindling
Impostors and imposture
Alchemy
Delusions
Occultism -- Early works to 1900
Investments -- Psychological aspects
Stock exchanges -- Psychological aspects
Hallucinations and illusions
Common fallacies
AZ
Text
Witchcraft
Psychology
Category: History - Other
Category: History - Modern (1750+)
Category: Economics
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