Extraordinary popular delusions and the madness of crowds

Has anyone else read this book?

180 years old and lots of it is still as relevant as ever

The first section is focussed on economic bubbles and the whole herd mentality/FOMO thing

I’d say even the stuff about alchemy is relevant, it’s not lead into gold these days but you still get charlatons trying to raise money with fake science (see Theranos etc)


I’ve not read it but will do so for sure…

It is available for free via Project Gutenberg here Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Mackay - Free Ebook