The South-Sea Bubble

The South-Sea Bubble is a historical book written by Charles MacKay that delves into one of the most significant financial bubbles in history. The book explores the events leading up to the South Sea Company's rise and eventual fall in the early 18th century. MacKay examines the company's origins, its initial success in trading with the Spanish colonies in South America, and the subsequent mania that gripped investors as the company's stock prices skyrocketed. The book also delves into the role of government officials and their involvement in the bubble, as well as the devastating consequences for investors who were caught up in the frenzy. MacKay provides a detailed account of the events leading up to the bubble's collapse and the aftermath that followed. This book is a fascinating read for anyone interested in financial history, economics, and the psychology of speculative bubbles.THIS 52 PAGE ARTICLE WAS EXTRACTED FROM THE BOOK: Memoirs of Extraordinary Popular Delusions and the Madness of Crowds Part 1, by Charles MacKay. To purchase the entire book, please order ISBN 0766134415.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.