BURNING DOWN THE HOUSE

“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one…

In February 1720 an edict was published, which, instead of restoring the credit of the paper, as was intended, destroyed it irrecoverably, and drove the country to the very brink of revolution…”

Charles MacKay, Extraordinary Popular Delusions and The Madness of Crowds

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7 Comments
Zarathustra
Zarathustra
April 25, 2014 9:11 pm

I don’t listen to Admin’s non-boomer vids, but then he probably doesn’t listen to mine either.