About This Ebook

This volume delves into several historical cases such as the Tulip Mania, the Mississippi Bubble, and the South Sea Bubble economic crises while also covering topics like alchemy, astrology, and witch trials. Mackay vividly describes the socio-psychological mechanisms behind these events with rich historical details. The book not only provides insights into past behaviors but also serves as a cautionary tale for modern readers to understand why people fall prey to collective misjudgments.