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The Delusions of Crowds

Why People Go Mad in Groups

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Delving into the interplay between finance and religion, this history explores the phenomenon of mass manias that have shaped societies over the last 500 years. The author examines how these manias, driven by both economic and spiritual fervor, have influenced historical events and societal shifts. By weaving together compelling narratives and analysis, the book offers a unique perspective on the motivations behind collective behavior and its lasting impact on culture and economy.

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The Delusions of Crowds, William J. Bernstein

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2021
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