Extraordinary popular delusions and the madness of crowds /
General Material Designation
[Book]
First Statement of Responsibility
Charles Mackay.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Petersfield, Hampshire :
Name of Publisher, Distributor, etc.
Harriman House,
Date of Publication, Distribution, etc.
2003.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xi, 114 pages :
Other Physical Details
illustrations ;
Dimensions
20 cm
GENERAL NOTES
Text of Note
"Harriman House Classics"--Dust cover.
Text of Note
Originally published: Memoirs of extraordinary popular delusions. London : Richard Bentley, 1841.
CONTENTS NOTE
Text of Note
The Mississippi scheme -- The South-Sea bubble -- The Tulipomania.
0
SUMMARY OR ABSTRACT
Text of Note
First published in 1841, this book is often cited as the best book ever written about market psychology. This edition includes Charles Mackay's account of the three infamous financial manias--John Law's Mississippi Scheme, the South Sea Bubble, and Tulipomania. Between the three of them, these historic episodes confirm that greed and fear have always been the driving forces of financial markets, and, furthermore, that being sensible and clever is no defense against the mesmeric allure of a popular craze with the wind behind it. In writing the history of the great financial manias, Charles Mackay proved himself a master chronicler of social as well as financial history. Blessed with a cast of characters that covered all the vices, gifted a passage of events which was inevitably heading for disaster, and with the benefit of hindsight, he produced a record that is at once a riveting thriller and absorbing historical document.--From publisher description.