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Tulipmania (Paperback)
Loot Price: R948
Discovery Miles 9 480
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Tulipmania (Paperback)
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Total price: R968
Discovery Miles: 9 680
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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 bulbs. We have heard how
these bulbs changed hands hundreds of times in a single day, and
how some bulbs, sold and resold for thousands of guilders, never
even existed. Tulipmania is seen as an example of the gullibility
of crowds and the dangers of financial speculation.
But it wasn't like that. As Anne Goldgar reveals in "Tulipmania,"
not one of these stories is true. Making use of extensive archival
research, she lays waste to the legends, revealing that while the
1630s did see a speculative bubble in tulip prices, neither the
height of the bubble nor its bursting were anywhere near as
dramatic as we tend to think. By clearing away the accumulated
myths, Goldgar is able to show us instead the far more interesting
reality: the ways in which tulipmania reflected deep anxieties
about the transformation of Dutch society in the Golden Age.
"Goldgar tells us at the start of her excellent debunking book:
'Most of what we have heard of tulipmania] is not true.'. . . She
tells a new story."--Simon Kuper, "Financial Times"
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