Extraordinary Popular Delusions book

Extraordinary Popular Delusions

 Charles MacKay  

Money & Investments  

Ever wondered about the historical financial bubbles that shook the world? What led John Law to create the infamous Mississippi Scheme, and how did it lead to widespread financial ruin? How did a simple flower, the tulip, trigger an economic frenzy in the 17th century? Or how did the South Sea Company's promise of untold wealth lead to a scandal that exposed corruption at the highest levels? Dive into these compelling tales to understand the allure, perils and consequences of speculative bubbles throughout history!


Ever wondered about the historical financial bubbles that shook the world? What led John Law to create the infamous Mississippi Scheme, and how did it lead to widespread financial ruin? How did a simple flower, the tulip, trigger an economic frenzy in the 17th century? Or how did the South Sea Company's promise of untold wealth lead to a scandal that exposed corruption at the highest levels? Dive into these compelling tales to understand the allure, perils and consequences of speculative bubbles throughout history!;

#1

Did John Law's Mississippi Scheme Trigger the First Major Financial Bubble?

01 Jan 1970

02:32

02:32


#2

South-Sea Bubble: The 18th Century Frenzy of Unchecked Financial Speculation and Get-Rich-Quick Schemes

01 Jan 1970

02:08

02:08


#3

Did the 18th Century South Sea Bubble Scandal Shape Modern Financial Regulations?

01 Jan 1970

03:07

03:07


#4

Tulipmania: The Blossoming Folly that Shook 17th Century Economy

01 Jan 1970

03:19

03:19


#5

Final Recap

01 Jan 1970

02:01

02:01



About Author

Charles Mackay was a Scottish journalist, poet, and author, best known for his influential work "Extraordinary Popular Delusions and the Madness of Crowds," first published in 1841. This seminal book explores the history of popular folly, mass mania, and collective social and economic delusions, including famous financial bubbles and witch hunts. Mackay's insightful analysis remains relevant today, illustrating how groupthink and herd behavior can lead to irrational and often catastrophic decisions.