Charles Mackay covers many types of delusions, among them financial manias like the South Sea Company bubble of 1711-1720, the Mississippi Company bubble of 1719-1720, and the Dutch tulip mania of the early 17th century. According to Mackay, during this bubble, speculators from all walks of life bought and sold tulip bulbs and even futures contracts on them. Allegedly some tulip bulb varieties briefly became the most expensive objects in the world during 1637. Mackay's accounts are enlivened by colorful, comedic anecdotes, such as the Parisian hunchback who supposedly profited by renting out his hump as a writing desk during the height of the mania surrounding the Mississippi Company. Financier Bernard Baruch credited the lessons he learned from Mackay with his decision to sell all his stock ahead of the financial crash of 1929.Other chapters are devoted to Alchemists, scientists and pseudo scientists who attempted to turn base metals into gold. Mackay notes that many of these practitioners were themselves deluded, convinced that these feats could be performed if they discovered the correct old recipe or stumbled upon the right combination of ingredients. There are also extensive treatments on the Crusades, Witch Mania and Trials and other forms of mass delusion.
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This is not what it seems to be
There were only three chapters out of many.
You probably are not aware of it but Extraordinary Popular Delusions and the Madness of Crowds has many chapters most of which are completely missing in this edition.
- Mississippi Company
- South Sea Company
- Tulip mania
- Modern Prophecies
- The Magnetisers
- Influence of Politics and Religion on the Hair and Beard
- Crusades - Witch mania
- The Slow Poisoners
- Haunted Houses
- Popular Follies of Great Cities
- Popular Admiration of Great Thieves
- Duels and Ordeals - Relics
As a bonus there is:
- Confusion of Confusions from 1688 (Which is a different book btw)
Not what I ordered!