Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Mackay

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Author Mackay, Charles, 1814-1889
Title Memoirs of Extraordinary Popular Delusions and the Madness of Crowds
Contents The Mississippi scheme -- The south-sea bubble -- The tulipomania -- The alchymists -- Modern prophecies -- Fortune-telling -- The magnetisers -- Influence of politics and religion on the hair and beard -- The crusades -- The witch mania -- The slow poisoners -- Haunted houses -- Popular follies of great cities -- Popular admiration of great thieves -- Duels and ordeals -- Relics.
Credits Jonathan Ingram, Bill Tozier, Barbara Tozier and the Online Distributed Proofreading Team
Summary "Memoirs of Extraordinary Popular Delusions and the Madness of Crowds" by Charles Mackay is a historical account written in the mid-19th century. The book investigates various collective follies and delusions that have swept through societies across time, analyzing how social dynamics can lead to widespread irrational behavior among people. Topics like financial manias, such as the Mississippi Scheme and the South-Sea Bubble, are central to Mackay's exploration of humanity's propensity for folly. The opening of the work sets the stage for an examination of the concept of collective insanity, focusing on the life of John Law, a key figure in the Mississippi Scheme. Mackay introduces the reader to Law as both a brilliant financier and a possible conman, illustrating his rise and fall amid the frenzy and greed of the French populace. It describes Law's early life, his gambling exploits, and how he caught the attention of the Duke of Orleans, leading to his ambitious financial schemes intended to restore France's economy after years of corruption. This narrative not only foreshadows Law's eventual downfall but also reflects on the broader themes of ambition and delusion that permeate societal behaviors throughout history. (This is an automatically generated summary.)
Language English
LoC Class AZ: General Works: History of scholarship and learning, The humanities
Subject Social psychology
Subject Swindlers and swindling
Subject Impostors and imposture
Subject Alchemy
Subject Delusions
Subject Occultism -- Early works to 1900
Subject Investments -- Psychological aspects
Subject Stock exchanges -- Psychological aspects
Subject Hallucinations and illusions
Subject Common fallacies
Category Text
EBook-No. 24518
Release Date
Most Recently Updated Jun 26, 2021
Copyright Status Public domain in the USA.
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