ELI5 Tulip Mania - the first speculative bubb...

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In the 1600s, residents of the Dutch Republic were -- according to the story -- absolutely bonkers for tulips. A market sprang up around the tulip trade, and people began paying in advance for tulip bulbs, negotiating increasingly extravagant financial agreements and, in some cas ...  Show more

This 2011 episode is from prior hosts Sarah and Deblina. During the 17th century, the Dutch went nuts for tulips, paying exorbitant amounts for a single bulb. But what exactly triggered this commodity bubble? And what do revisionist historians have to say?  Learn more about your ...  Show more

The world experienced its first economic bubble when the Dutch went bonkers for tulips in the 1630s.  See omnystudio.com/listener for privacy information. 

Send us a textThe Dutch tulip bulb market bubble, also known as tulipmania, was one of the most famous market bubbles and crashes of all time. It occurred in Holland during the early to mid-1600s, when speculation drove the value of tulip bulbs to extremes. At the market’s peak, ...  Show more