Library of Mistakes

Edinburgh’s Library of Mistakes is like no other venue: a hub of research, intellectual curiosity and conviviality set in the city's historic New Town.
Edinburgh’s Library of Mistakes is like no other venue: a hub of research, intellectual curiosity and conviviality set in the city's historic New Town.
The Library of Mistakes is a free public library based in Edinburgh and exists in conjunction with a course called A Practical History of Financial Markets, to broaden our understanding of finance beyond mere numbers.
The resources available at the library allow readers to study the interaction of numerous forces; political, sociological, psychological and others, in the assessment of how finance works and why the price of financial assets change.
In recent years mathematics has come to dominate financial understanding and thus leaving out much that cannot be counted, however, it has created an often-unstable economic system.
The Library of Mistakes provides an extensive resource for those who believe that a fuller understanding of finance can be gained by reading financial history and an understanding of how we have all made decisions in the past when planning for an uncertain future.
Your donation will help us build our collection of books and papers on financial history and human decision making under uncertainty. It will also support expanding the collection into other disciplines where decision making under uncertainty is necessary.
Charities pay a small fee for our service. Learn more about fees