William J. Bernstein, "The Delusions of Crowds: Why People Go Mad in Groups" (Grove Press, 2021)
New Books in Economics
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Introduction
Unsilent is a series of interdisciplinary conversations that inspire new ways of thinking about our world. Greg LeBlanc talks with William Bernstein, an investment manager but also the author of a number of books. The Delusion of Crowds covers two distinct areas of group insanity: religious millenarianism and financial bubbles. It merges neuropsychology, social psychology, evolutionary psychology, financial economics and history,. macroeconomics and eschatology or theology of all three Abrahamic religions.
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Transcript
