The Delusions Of Crowds Financial Bubbles, End-Times Manias, and the Reasons People Go Mad in Groups

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...

A Splendid Exchange How Trade Shaped the World

Adam Smith wrote that man has an intrinsic "propensity to truck, barter, and exchange one thing for another." But how did trade evolve to the point where we don't think twice...