LIVE: The Myth of the Million Dollar Tulip Bu...

Before he became Muhammad Ali, Cassius Clay was known as the "Louisville Loud-mouth", as famous for his sharp taunts and poetic put-downs as he was for his skills in the ring. In 1963, Clay arrived in England to take down beloved British Heavyweight, Henry Cooper. Clay is the cle ...  Show more

Last week, Cautionary Tales described the rise and fall of General Magic, the startup with too much money and too few constraints. Was General Magic really doomed from the start, and what does its fate tell us about AI, drug discovery and our love lives? David Epstein, author of ...  Show more

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

In the 1630s, the Netherlands experienced 'tulip mania' - a surge in demand for tulips from wealthy buyers, with some individual bulbs costing twenty times more than a carpenter's annual salary. Then, in February 1637, the price suddenly crashed. It's often cited as the first gre ...  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.