Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: A new edition of the timeless classic. Codice inventario libreria
Riassunto: A new edition of the timeless classic.
Recensione: Why do otherwise intelligent individuals form seething masses of idiocy when they engage in collective action? Why do financially sensible people jump lemming-like into hare-brained speculative frenzies--only to jump broker-like out of windows when their fantasies dissolve? We may think that the Great Crash of 1929, junk bonds of the '80s, and over-valued high-tech stocks of the '90s are peculiarly 20th century aberrations, but Mackay's classic--first published in 1841--shows that the madness and confusion of crowds knows no limits, and has no temporal bounds. These are extraordinarily illuminating,and, unfortunately, entertaining tales of chicanery, greed and naivete. Essential reading for any student of human nature or the transmission of ideas.
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.
Condizione libro: New
Descrizione libro Condizione libro: very_good. 998 Gramm. Codice libro della libreria M01453690298-V
Descrizione libro Condizione libro: good. 998 Gramm. Codice libro della libreria M01453690298-G
Descrizione libro CreateSpace, 2010. Paperback. Condizione libro: Used: Good. Codice libro della libreria SONG1453690298
Descrizione libro CreateSpace Independent Publishing Platform. Paperback. Condizione libro: VERY GOOD. little to no wear, pages are clean. The cover and binding are crisp with next no creases. Codice libro della libreria 2730534820