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  • The Delusions of Crowds

  • Why People Go Mad in Groups
  • By: William J. Bernstein
  • Narrated by: Tom Parks
  • Length: 17 hrs and 19 mins
  • 4.1 out of 5 stars (10 ratings)

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The Delusions of Crowds

By: William J. Bernstein
Narrated by: Tom Parks
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Summary

Inspired by Charles Mackay's 19th-century classic Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, 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".

As 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 US 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.

©2021 William J. Bernstein (P)2021 Tantor
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Excellent read

Very long and full of a lot of historical markers but enlightening, informative, intelligent and very very helpful/useful

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History and psychology

What links the end of the world, tulips, excitable barbershops, kayaks, a Prime Minister and a temple in Jerusalem?

This tome is definitely instructive, and not afraid to pull punches. It does so by exploring historical events and characters, whilst leaving the reader to condemn or forgive lead actors. It's not afraid of tackling religious delusions of all the Abrahamic faiths, that strikes me as courageous.

This leads me onto the pity of this book, the sort of people who ought to read it probably won't. Those people would be outraged by its contents. It's possible to draw a parallel with Richard Dawkins's work, although that certainly did change hearts and minds.

So it's not light reading, but worth the journey.

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