Tulipmania
Book description
In the 1630s, the Netherlands was gripped by tulipmania: a speculative fever unprecedented in scale and, as popular history would have it, folly. We all know the outline of the story - how otherwise sensible merchants, nobles, and artisans spent all they had (and much that they didn't) on tulip…
Why read it?
1 author picked Tulipmania as one of their favorite books. Why do they recommend it?
Perhaps no one object was more demonstrative of the Dutch thirst for beauty, novelty and showing-off-but-not-showing-off riches than the tulip. The famous mania for these exotic bulbs, bred to produce ever more exotic flowers and to command ever higher prices, supposedly produced the world’s first economic bubble, which burst spectacularly in February 1637.
The truth is less spectacular (few people were involved in the trade and even fewer were ruined) but, in Goldgar’s skilful telling, much richer and more nuanced than the myth. The episode tells us about the growth of maritime trade and the emergence of the modern financial…
From Hugh's list on understanding the Dutch Golden Age.
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