In case Brexit didn’t show why pure democracy should be sparingly used:Read about the other entries on the list.
Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay
No matter the strength of hero or the scale of glory we plan to write about, it never hurts to see how bizarre we can be en masse. Written in beautiful 19th-century prose, this book is a forensic jaunt through history’s strangest crazes.
Extraordinary Popular Delusions and the Madness of Crowds also appears on John Gapper's top five lisy of books on financial speculation, Frank Partnoy's five best list of books on financial schemes, and Jonah Lehrer's list of the five best books on irrational decision-making.
--Marshal Zeringue