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Mackay's Memoirs of Extraordinary Popular Delusions and The Madness of Crowds London, National Illustrated Library. 1852 in two volumes. By: Charles Mackay Our price: 850 + postage Product code: 21374 203 pages Format: Hb, There are no reviews available for this book

Description of Mackay's Memoirs of Extraordinary Popular Delusions and The Madness of Crowds

8vo. Pp viii + 203, viii + 308. Both volumes bound in original brown publisher's blind stamped cloth, each illustrated with numerous wood-engravings. Slight foxing to text round edges of leaves with occasional slight soiling; small contemporary doodle in pen and ink in Vol 1. Second and first illustrated edition. Arguably one of the most influential and well known works on madness and the market. "By the author's own admission, popular delusions began so early and have lasted so long that fifty volumes would not be enough to detail their history. But Mackay's classic work effectively depicts the folly of crowd behavior in a series of well-documented chapters whose subjects have their origins at the beginning of recorded history. The first three chapters deal most directly with the stock market. John Law and the Mississippi scheme, the South Sea Bubble and the tulipomania serve as vivid examples of the overpowering confusion that seizes man in his quest for monetary gain….It remains a vital source book of man's folly and his inhumanity to man." - Zerden (Best Books on the Stockmarket 1972)