2 ideas from Anne Goldgar, each explained in a minute and credited to the original work. Free on Savvy.
The 1637 collapse in Dutch tulip bulb prices is usually cited as history's first speculative bubble, wiping out fortunes overnight. Historian Anne Goldgar's archival research found…
— Anne Goldgar, Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age
In the winter of 1636-37, prices for rare tulip bulbs in the Dutch Republic spiked and then collapsed within weeks, and the episode became history's default shorthand for market ma…
— Anne Goldgar, Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age