Mobs, Messiahs, and Markets: Surviving the Public Spectacle in Finance and Politics
Categories: Business & Money, Politics & Social Sciences
Bill Bonner and Lila Rajiva examine how crowds, mass delusions and public spectacles shape finance and politics. They argue that people act sensibly in their private lives but foolishly in public, when they join mobs, follow messiahs and believe in grand schemes. The authors offer counterintuitive insights on bubbles, government, war and markets, and advice on how individuals can protect themselves.
Recommended by 1 person
- Shane Parrish: “A re-read from a few years ago. This book is chalk full of counterintuitive insights and explanations. Consider it an entertaining criticism of much conventional thinking and an in-depth look at human behavior”