The Delusions of Crowds

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Exploring the power of compelling narratives, Bernstein examines how mass delusions have shaped human history, leading to significant societal consequences. Drawing on historical examples from religious fervor to financial crises, he illustrates the psychological and biological roots of irrational behavior. By connecting past events, such as the Anabaptist Madness and modern financial bubbles, he highlights the dangers of collective belief systems. Bernstein argues that understanding these phenomena can help us recognize and mitigate their impact in contemporary society.