Extraordinary Popular Delusions and the Madness of Crowds is a history of Popular folly by Charles Mackay.
Present day writers on economics, suc.
The subjects of Mackay\'s debunking include alchemy, beards (influence of politics and religion on), witch-hunts, crusades and duels.
The book chronicles its targets in three parts: ``National Delusions,`` ``Peculiar Follies,`` and ``Philosophical Delusions.`` Learn why intelligent people do amazingly stupid things when caught up in speculative edevorse.
Extraordinary Popular Delusions and the Madness of Crowds is a history of Popular folly by Charles Mackay