Extraordinary Popular Delusions
over 5 years in theepochtimes
Commentary “Induce belief and blind confidence, and you may do any thing,” wrote Charles Mackay in his 1841 book “Memoirs of Extraordinary Popular Delusions and the Madness of Crowds.” The financier Bernard Baruch credits Mackay with giving him a perspective that drove him to sell his stocks before the stock market crash in 1929. Baruch […]