Summary of Mobs, Messiahs, and Markets

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Mobs, Messiahs, and Markets book summary


9 Overall

6 Applicability

9 Innovation

9 Style


With scimitar-sharp wit, withering one-liners and sledgehammer-subtle analysis, William Bonner and Lila Rajiva embark on an amusing and fascinating study of human nature. Along the way, they skewer just about everyone – Republicans, Democrats, fascists, communists, CEOs, hedge-fund managers, journalists and patriots all line up for a good tongue-lashing from the authors. Funny, irreverent and thought-provoking, this treatise is a joy to read, even if you don’t agree with all of Bonner’s and Rajiva’s conclusions. (And who could?) Human nature itself is the true villain in this sweeping work. Enjoyable as it is, this study tackles too much and at times turns into little more than a rant, albeit a readable and persuasive one. Even so, getAbstract recommends it to anyone who hopes to understand human behavior in business and politics.

In this summary, you will learn

  • Why humans aren’t really rational;
  • Why world improvers like George W. Bush and Che Guevara are fools; and
  • Why war is nearly always a bad bet.

About the Authors

William Bonner is president and CEO of a financial-newsletter company. He created the Daily Reckoning, a contrarian financial newsletter, and co-authored Financial Reckoning Day and Empire of Debt. Lila Rajiva is a journalist and author of The Language of Empire.



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