Tulipmania – The Real Story

Tulipmania: Nothing’s what it seems (1/1)

Tulipmania is always cited as one of the first speculative bubbles, but is it the real story. Recent research has show that ’tulipmania’ it practically the exact opposite of what we’ve expected. There is a financial bubble around tulips in Holland (or the Dutch Republic) in the 1630s, but it’s not the whole story.

TulipMania (The Real Story) – Smoking… Drinking… Trading (2/3)

In the early 1600s, Tulip really start to turn into a real market. We a few unsavory characters enter the scene. As well as a glimpse into what it was like to actually trade tulips (which needs to be taken with a lot of salt).

TulipMania (The Real Story) – …And The Market Ceased to exist (3/3)

When the price of Tulips fall that’s when the knives come out. While the crash isn’t the story were always told, it is devastating in a different way.

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Recommend Books on Tulipmania:
Mike Dash – Tulipmania: The Story of the World’s Most Coveted Flower & The Extraordinary Passions It Aroused – http://amzn.to/2ooNJKL
Anne Goldgar – Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age – http://amzn.to/2oFbzOl

Image Rights
-Painting with Tulip, skull, bubble – Jacques de Gheyn II [Public domain]
-Semper Augustus – See page for author [Public domain], via Wikimedia Commons

Tulip Mania – Lessons Learned

What lessons can we learn from Tulipmania? Are there any?