Richard LittlerI think it's time we had a revised and updated reprinting of Extraordinary Popular Delusions & the Madness of Crowds to take into consideration all of *this* (gestures at everything).
Steven Heywood@Richard_Littler I've long thought this should be a set text in secondary school.
Rita
Ellen Gould@Richard_Littler can we update it to include mass shootings
asekingI couldn't agree more. I've not read this, but if it can explain and forewarn future generations of the dire situation we find ourselves in here and now, then i'm all for it.
ChalkwhitehandsI have that exact edition of that book and it explains so much of the world.
Probably Paul 🌍@Richard_Littler Yeah that book changed me, particularly my understanding of how markets work. When I read it in my early 20s, I was heading along the road of getting into macroeconomics, and it was my inability to square the insights contained within it, with mainstream econ, that started me along a different path of largely rejecting the idea that markets or the individual actors that comprise them are - or even can be - "rational".
૮ ･ ﻌ･ა Trash Puppy@Richard_Littler How old is this thing?
Nina🐀🌻WTAF America?@trashpuppy @Richard_Littler
Originally published in 1841, under the title Memoirs of Extraordinary Popular Delusions
https://en.m.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds
Originally published in 1841, under the title Memoirs of Extraordinary Popular Delusions
https://en.m.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds
phi1997@Richard_Littler
Has this book made it to the public domain?
Has this book made it to the public domain?
BodlingFirst published in 1841, so yeah it's out of copyright now.
Apocalypsedust@Richard_Littler I'd buy a copy
Michael@Richard_Littler definitely seems appropriate with social media spreading misinformation so much lately
INVISV@Richard_Littler And even worse there's a new variation on bubble dynamics that has emerged that I try to think through here: https://ioc.exchange/@invisv/110342357303579856
INVISV (@[email protected])
Let's do a thread on bubbles and evilbrags, expanding on some quarter baked thoughts I wrote a week ago. @[email protected] discussed the useful concept of an "evilbrag" here with a recent example: https://social.coop/@natematias/110294504534974270 I was curious about possible broader trends and incentives and wanted to think through them.
Darren du Nord@Richard_Littler
Tldr. I'm still waiting for the movie.
Tldr. I'm still waiting for the movie.
Elizabelta@Richard_Littler I feel like I'm reliving the 1930s but worse because social media brings the madness in closer
Kim@Richard_Littler Here you go. https://www.gutenberg.org/ebooks/24518
gmoke@Richard_Littler We don't need an updated version of Extraordinary Popular Delusions... at all.
BTW, I have a great deal on a cryptocurrency based upon tulip bulbs. It's gonna go through the roof!
BTW, I have a great deal on a cryptocurrency based upon tulip bulbs. It's gonna go through the roof!