Ponzi Schemes, Invaders from Mars & More Extraordinary Popular Delusions, and the Madness of Crowds

by Joseph Bulgatz

A follow-up to Extraordinary Popular Delusions and the Madness of Crowds discusses bizarre incidents and deluded behavior throughout history, including the Jonestown mass suicide and the broadcast of... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0517588307
• ISBN13: 9780517588307
• Release Date: August 1992
• Publisher: Three Rivers Press (CA)
• Length: 437 Pages
• Weight: 1.40 lbs.
• Dimensions: 1.1" x 6.0" x 9.0"

Customer Reviews

Excellent sequel to the origional!

"Extraordinary Popular Delusions and the Madness of Crowds" by Charles MacKay is an amazing book that stands the test of time (having been first published in 1841). After all this time we have certainly had our share of more madness. Thankfully, Joseph Bulgatz thought it was time for a sequel.He does an excellent of job discussing much madness that is critical to understand our world today. There are chapters on Ponzi Schemes, The Florida Land Boom, Soccor, Lotteries, Musical Madness, and an issue seemingly always threatening our world: War. The exploration of cults is especially important in my opinion because Charles MacKay refused to discuss religous madness in the origional book. Even the chapters that don't seem as relevant to us today: Invaders From Mars (which discusses the famous Orson Welles "War Of The Worlds" broadcast), The Destruction Of The Xhosas, Dowsing, and Perpetual Motion are still critical for understanding how absurd crowds can get. I especially enjoyed the part of the book that focused on the Tulipmania and a similar madness that went on in the same country just a hundred years later. (Proving that people often do not learn important lessons, even if separated by just a couple generations.) The great thing is that these manias have about 40 pages dedicated to them whereas in the origional book, the Tulipmania only had about 9 pages concerning it. It's a facinating topic and I don't think its too far removed from us as just a few years ago I remember some pundits referring to the "Internetmania", which might be written about in the next sequel a hundred years from now.We should all realize "There is nothing new under the sun, that which has been will be." We can then begin to open our eyes and realize that things just as strange as these cooky events from the past are going on all around us even if we don't realize it.