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The Delusion of Crowds Reviews

The Delusion of Crowds by William L Bernstein

The Delusions of Crowds: Why People Go Mad in Groups

William L Bernstein

Score pending

1 review

Imprint: Grove Press / Atlantic Monthly Press
Publisher: Grove Press / Atlantic Monthly Press
Publication date: 6 May 2021
ISBN: 9781611856477

A fascinating new history of financial and religious mass manias over the past five centuries.

4 stars out of 5
David Aaronovitch
15 May 2021

"From stock market bubbles to end-times religious cults, this is a vivid history of mass delusion"

there’s something valuable about Bernstein’s conclusion that “one should never underestimate the human tendency toward mimicry, and especially of how the everyday beneficial mass delusions that help businesses and whole societies function smoothly can rapidly mutate into fraudulent or genocidal mass delusions”. That is a lesson worth repeating.

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