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In fact, cases such as Tulipomania in 1624--when Tulip bulbs traded at a higher price than gold--suggest the existence of what I would dub "Mackay's Law of Mass Action:" when it comes to the effect of social behavior on the intelligence of individuals, 1+1 is often less than 2, and sometimes considerably less than 0. --This text refers to an out of print or unavailable edition of this title.
The financial manias discussed in the book, are the areas most often referred too. The South Sea Bubble, The Mississippi Bubble, and the Tulip Mania, are financial episodes that... Read morePublished on June 24 2009 by Patrick Sullivan
This is a very good book, and it serves as a reminder to all that humans are in general , taken as a whole.. quite stupid.The chapters are amusing,terrible and apt. Read it now!!! Read morePublished on Sept. 15 2006 by D. J. Lane
I read a lot of history books and I am a big fan of books dealing with the history of science and economics. Yet, I could not bring myself to finish this gargantuan book. Read morePublished on April 26 2004 by RV
Although the Bible teaches that where more than one person gathers, (supposedly in His name), the recognition of the more likely result is that where more than two persons is a... Read morePublished on March 2 2004 by Patricia B. Ross
Project gutenberg's free ebook versions are wonderful too.Published on Feb. 29 2004 by Mark Guzowski
An interesting book for history buffs.
For those interested in the history of financial manias, only the first three chapters are of interest. Read more
This is a famed work. The reprint comes with a forward by Bernard Baruch.
John Law was born in 1671. Read more
Despite the age of this book, it continues to be current as ever, especially after the dot-com bubble. Read morePublished on Feb. 17 2003 by Denis Benchimol Minev
This was recommended by some famous people as a "must read" for serious investors. The people who rant and rave about how great this book is must have only read the... Read morePublished on Feb. 9 2003