Jim Daws – In his 1841 book Extraordinary Popular Delusions and the Madness of Crowds, Scottish journalist Charles Mackay chronicled the history of the phenomena we now see gripping the Resistance movement to the Trump presidency. Writing on national delusions, moral panics, economic bubbles, and herd behavior, Mackay observed, “We find that whole communities suddenly fix their minds upon one object, and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first.”
Mackay documents the manias that made traders turn tulips into the most expensive objects on earth in the mid-1600s, caused Christian communities in the American colonies to torture and execute “witches,” and caused European nobles to sponsor alchemists to turn base metals into gold (and imprison them until they succeeded). Of these and many other episodes of mass hysteria, Mackay wrote, “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.” Continue reading →