![]() ![]() "Charles Mackay's passionate erudition and urbane, unaffected prose style contributed to make him one of the chief figures in the establishment of Victorian journalism as a dignified profession" (ODNB). ![]() Still in print, Mackay's book has had a profound influence on economics and sociology, with many modern economists referring to his work when analyzing the financial bubbles of our own age. Mackay's classic covers popular delusions of all types, considering the credulous enthusiasm of mankind for phenomena such as alchemy, witchcraft, relics, the Crusades, urban myths, as well as economic events such as the tulip bubble, the Mississippi Bubble, and the South Sea Bubble. The second edition also extends the title with the now well-known phrase: "the Madness of Crowds". Second edition, the first to be thoroughly illustrated the first edition of 1841 had only five plates across its three volumes. ![]()
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