Format: Print Length
Publisher: BN Publishing; 1 edition (June 28, 2011)
Format: PDF / Kindle / ePub
Size: 8 MB
Downloadable formats: PDF
Why do another way clever members shape seething plenty of idiocy after they interact in collective motion? Why do financially good humans leap lemming-like into hare-brained speculative frenzies--only to leap broker-like out of home windows while their fantasies dissolve? We might imagine that the good Crash of 1929, junk bonds of the '80s, and over-valued high-tech shares of the '90s are primarily twentieth century aberrations, yet Mackay's classic--first released in 1841--shows that the insanity and confusion of crowds is familiar with no limits, and has no temporal bounds. those are terribly illuminating,and, regrettably, unique stories of chicanery, greed and naivete. crucial analyzing for any scholar of human nature or the transmission of principles.