{"product_id":"the-delusions-of-crowds-why-people-go-mad-in-groups-paperback","title":"The Delusions of Crowds: Why People Go Mad in Groups - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eWilliam J. Bernstein\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the award-winning author of \u003ci\u003eA Splendid Exchange\u003c\/i\u003e, a fascinating new history of financial and religious mass manias over the past five centuries\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003e\"We are the apes who tell stories,\" writes William Bernstein. \"And no matter how misleading the narrative, if it is compelling enough it will nearly always trump the facts.\" As Bernstein shows in his eloquent and persuasive new book, \u003ci\u003eThe Delusions of Crowds\u003c\/i\u003e, throughout human history compelling stories have catalyzed the spread of contagious narratives through susceptible groups--with enormous, often disastrous, consequences.\u003c\/p\u003e\u003cp\u003eInspired by Charles Mackay's 19th-century classic \u003ci\u003eMemoirs of Extraordinary Popular Delusions and the Madness of Crowds\u003c\/i\u003e, Bernstein engages with mass delusion with the same curiosity and passion, but armed with the latest scientific research that explains the biological, evolutionary, and psychosocial roots of human irrationality. Bernstein tells the stories of dramatic religious and financial mania in western society over the last 500 years--from the Anabaptist Madness that afflicted the Low Countries in the 1530s to the dangerous End-Times beliefs that animate ISIS and pervade today's polarized America; and from the South Sea Bubble to the Enron scandal and dot com bubbles of recent years. Through Bernstein's supple prose, the participants are as colorful as their motivation, invariably \"the desire to improve one's well-being in this life or the next.\"\u003c\/p\u003e\u003cp\u003eAs revealing about human nature as they are historically significant, Bernstein's chronicles reveal the huge cost and alarming implications of mass mania: for example, belief in dispensationalist End-Times has over decades profoundly affected U.S. Middle East policy. Bernstein observes that if we can absorb the history and biology of mass delusion, we can recognize it more readily in our own time, and avoid its frequently dire impact.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eWilliam J. Bernstein\u003c\/b\u003e is a neurologist, financial theorist, and historian whose books include \u003ci\u003eA Splendid Exchange\u003c\/i\u003e, \u003ci\u003eMasters of the Word\u003c\/i\u003e, \u003ci\u003eThe Birth of Plenty\u003c\/i\u003e, and \u003ci\u003eThe Four Pillars of Investing\u003c\/i\u003e. He is the co-founder of the investment management firm Efficient Frontier Advisors, and has written for publications including the \u003ci\u003eWall Street Journal\u003c\/i\u003e and \u003ci\u003eMoney\u003c\/i\u003e magazine. He was the winner of the 2017 James R. Vertin Award from CFA Institute. He lives in Oregon.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 496\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.7 x 9 x 5.9 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 15, 2022\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":51978564141357,"sku":"9780802157102","price":20.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/3185\/6429\/files\/SjRzVTlVM0VUSkpRSEE5UmJhd25jQT09.webp?v=1775805840","url":"https:\/\/ishookbooks.com\/products\/the-delusions-of-crowds-why-people-go-mad-in-groups-paperback","provider":"iShook Books","version":"1.0","type":"link"}