Memoirs of Extraordinary Popular Delusions and the Madness of Crowds(206 views)
Description: RARE FIRST EDITION of Charles MacKay's classic study of mass behavior. Generally considered the most important book on market psychology, its vast influence extends to such diverse disciplines as stock market analysis and religious studies. "There are fewer than a dozen books written more than a century ago that could be called classics of the social sciences. Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds is one of them, and it is probably the oldest. First published in 1841, Mackay's work... has probably never been long out of print in the past one hundred fifty years. The book includes quite a cast of characters: ghost hunters, alchemists, prophets, economic speculators, witches, crusaders, and faith healers, among others, all hold center stage in what amounts to a catalogue of beliefs gone awry and mass behaviors turned goofy (if not dangerous)... The range of topics Mackay covers is wide and in some cases deep. One reason Extraordinary Popular Delusions and the Madness of Crowds has become such a classic is that irrational behavior has never been in short supply, and modern examples of crazes, speculative bubbles, and mass hysteria continue to amuse, frustrate, and provoke us today" (David J. Schneider). London: Richard Bentley, Publisher in Ordinary to Her Majesty, 1841. Octavo, nineteenth-century three-quarter morocco by Root & Son. Three volumes. (In addition to the Root & Son binder stamp on the endpaper, there is the small stamp of legendary Boston bookseller Charles E. Laurat Co.). Complete with half-titles for vols. II and III (no half-title was issued with vol. I) and five engraved plates. Vols. I and II frontispieces slightly cropped in blank bottom margin. Bindings with minor rubbing, with small chip to vol. II spine end; text exceptionally clean. A beautiful set. RARE.
Artist or Maker: MACKAY, CHARLES