Extraordinary Popular Delusions and The Madness of Crowds

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.

Read more about Extraordinary Popular Delusions And The Madness Of Crowds:  Influence and Modern Responses, Quotes

Famous quotes containing the words popular, delusions, madness and/or crowds:

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    Some are able and humane men and some are low-grade individuals with the morals of a goat, the artistic integrity of a slot machine, and the manners of a floorwalker with delusions of grandeur.
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    He repelled, a short tale to make,
    Fell into a sadness, then into a fast,
    Thence to a watch, thence into a weakness,
    Thence to a lightness, and by this declension,
    Into the madness wherein now he raves.
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    Good-bye, proud world! I’m Going home;
    Thou art not my friend, and I’m not thine.
    Long through thy weary crowds I roam;
    A river-ark on the ocean brine,
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