In 1841, Charles Mackay wrote a 702-page book titled Extraordinary Popular Delusions and the Madness of Crowds. The book details investment hysteria and panic, but it’s really about human nature, something that doesn’t change throughout recorded history. I will show the reader, in this essay, how we are experiencing popular delusions and the madness of crowds, right now, with the current corona virus, COVID-19 hysteria and panic.
