Ponzi Schemes Invaders From Mars More Extraordinary Popular Delusions And The Madness Of Crowds

The perfect follow-up to Extraordinary Popular Delusions and the Madness of Crowds--originally published in 1841 and still selling strong in paperback--this is an all-new compendium of bizarre incidents and deluded behavior in history and in our own time.

"The market never ceases to befuddle and beguile. These twovenerable works are fixtures on the short lists for most valuablebooks on the securities markets, and investors continue to cherishthem." -From the Introduction by Martin S. Fridson ManagingDirector, Merrill Lynch & Co. Author of InvestmentIllusions Exploring the sometimes hilarious, sometimes devastating impact ofcrowd behavior and trading trickery on the financial markets, thisbook brilliantly combines two all-time investment classics.Extraordinary Popular Delusions and Confusión de Confusionestake us from Tulipmania in 1634-when tulips actually traded at ahigher price than gold-to the South Sea "bubble" of 1720, andbeyond. Securities analyst and author Martin Fridson guides you ona quirky, entertaining, and intriguing journey back throughtime. Chosen by the Financial Times as Two of the Ten Best Books EverWritten on Investment Critical Praise . . . "This is the most important book ever written about crowdpsychology and, by extension, about financial markets. A seriousstudent of the markets and even anyone interested in the extremesof human behavior should read this book!" -Ron Insana, CNBC "In combining 'Extraordinary' with 'Confusion,' the result is notextraordinary confusion. Instead, with clarity, the book sears intomodern investor minds the dangers of following the crowd." -GregHeberlein, The Seattle Times "You will see between its staid lines (written in ye olde Englishand as ponderable as Buddha's navel) that, despite what the mediasays, nothing really important has changed in the financial marketsin centuries." -Kenneth L. Fisher, Forbes

Ten stories that explore some of the most outrageous swindlers and tricksters of all time. Scams! reveals 10 true tales of trickery that will mesmerize young readers. They will discover how the Germans planned to destroy the British economy during World War II by flooding the world with millions of fake British bank-notes. Scams! also includes: • The Tasady: Stone Age cavemen of the Philippines • The Shakespearean forgery of William Ireland • P.T. Barnum and his greatest show on earth • The creation of the Bibliotheca Phillipica • Le Grand Theresa • John Keely’s engine • Karl May’s extraordinary fiction Readers of any age will be enthralled by these stories of trickery exposed, where the strange twists and turns truly test the limits of credulity.

It was a time when anything seemed possible–instant wealth, glittering fame, fabulous luxury–and for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investors’ money in three months, the dapper, charming Ponzi raised the “rob Peter to pay Paul” scam to an art form. At the peak of his success, Ponzi was raking in more than $2 million a week at his office in downtown Boston. Then his house of cards came crashing down–thanks in large part to the relentless investigative reporting of Richard Grozier’s Boston Post. A classic American tale of immigrant life and the dream of success, Ponzi’s Scheme is the amazing story of the magnetic scoundrel who launched the most successful scheme of financial alchemy in modern history.

Of all the traps of youth, the most deadly are: The loss of 14 precious years of life from premature death from lifetime nicotine poisoning from smoking, and by highway crashes during their dangerous teen years when they are living life with gusto and are easily distracted while living very much in the now. More awareness of these traps may increase one’s survival.

This book introduces principles of Chaos theory (and Complex Adaptive Systems) to social science, in a lively and elegant way. It applies it to the twin disciplines of mass psychology (under social psychology, mostly in Europe) and collective behavior sociology (mostly in North America) that deal with emergent psychosocial phenomena that lie outside conventional approaches. Each of the eleven chapters begins with a topical ‘case study’ section, on an issue related to climate change and collective behaviour, such as the ‘school strike’ by Swedish schoolgirl Greta Thunberg, the Hollywood movie The Day After Tomorrow, and more. This book aims to show that there are fundamental reasons why many phenomena cannot be easily ‘measured, predicted and controlled’, and thus we need to familiarize ourselves with alternative ways of thinking about them.

Virus of the Mind is the first popular book devoted to the science of memetics, a controversial new field that transcends psychology, biology, anthropology, and cognitive science. Memetics is the science of memes, the invisible but very real DNA of human society. In Virus of the Mind, Richard Brodie carefully builds on the work of scientists Richard Dawkins, Douglas Hofstadter, Daniel Dennett, and others who have become fascinated with memes and their potential impact on our lives. But Richard goes beyond science and dives into the meat of the issue: is the emergence of this new science going to have an impact on our lives like the emergence of atomic physics did in the Cold War? He would say the impact will be at least as great. While atomic bombs affect everybody’s life, viruses of the mind touch lives in a more personal and more pernicious way. Mind viruses have already infected governments, educational systems, and inner cities, leading to some of the most pervasive and troublesome problems of society today: youth gangs, the welfare cycle, the deterioration of the public schools, and ever-growing government bureaucracy. Viruses of the mind are not a future worry: they are here with us now and are evolving to become better and better at their job of infecting us. The recent explosion of mass media and the information superhighway has made the earth a prime breeding ground for viruses of the mind. Will there be a mental plague? Will only some of us survive with our free will intact? Richard Brodie weaves together science, ethics, and current events as he raises these and other very disturbing questions about memes.