Extraordinary Popular Delusions and The Madness of Crowds
This episode explores the enduring human susceptibility to collective irrationality, examining how psychological and social forces drive intelligent individuals into widespread delusions. We uncover the mechanisms behind historical follies and modern phenomena, offering insights to navigate the powerful currents of collective sentiment with greater self-awareness.
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collective irrationality, social psychology, financial bubbles
Best suited to listeners who want a clearer working understanding of collective irrationality, social psychology, financial bubbles and better judgment in how they apply it.
Charles MacKay brings a credible and useful lens to collective irrationality, social psychology, financial bubbles, with enough subject command to make the book worth hearing.