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Memoirs of Extraordinary Popular Delusions and the Madness of Crowds

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Memoirs of Extraordinary Popular Delusions and the Madness of Crowds

By: Charles MacKay
Narrated by: Grover Gardner
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About this listen

Why do otherwise intelligent individuals form seething masses of idiocy when they engage in collective action? Why do financially sensible people jump lemming-like into hare-brained speculative frenzies - only to jump broker-like out of windows when their fantasies dissolve? We may think that the Great Crash of 1929, junk bonds of the '80s, and over-valued high-tech stocks of the '90s are peculiarly 20th century aberrations, but Mackay's classic - first published in 1841 - shows that the madness and confusion of crowds knows no limits, and has no temporal bounds. These are extraordinarily illuminating, and, unfortunately, entertaining tales of chicanery, greed and naiveté. Essential for any student of human nature or the transmission of ideas.

©2015 Gildan Media, LLC (P)2015 Gildan Media LLC
Social Sciences World Fantasy Popular Science
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An interesting listen but poorly read

An interesting book but needs you to remember that it was written in the 1800s.
However it's poorly narrated in a very pompous manner and he really needs to research correct pronunciation of place names etc.

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An enlightening book

Those who ignore history risk history repeating itself. We are in an age where stupid ideas can spread rapidly. Anyone who engages in social media should read this book first!

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Funny And Informative

It was an epic feat finishing this book but it was so enjoyable. I was listening to this in my walks in the country during the summer and will cherish the laughs it gave me.

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9 people found this helpful

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The book every one must read

An excellent performance of a powerful book. It makes the Covid Panic and the Trump delusion and so many other nonsenses make sense.

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