“Every age has its peculiar folly – some scheme, project, or phantasy into which it plunges, spurred on either by the love of gain, the necessity of excitement, or the mere force of imitation.”
Those words were first committed to paper almost 200 years ago by the Scottish author Charles Mackay in his seminal tome Extraordinary Popular Delusions And The Madness Of Crowds and they resonate with truth to this day. Mackay chronicled subjects as diverse as the South Sea Bubble, Dutch tulip mania, the Crusades, Witch mania, alchemy – and, perhaps most intriguing of all, ‘the influence of politics and religion on the hair and beard’.
Were Mackay writing today, he would no doubt have raised an eyebrow, followed by his quill, at recent political developments in Formula 1.…