Bubbles, Scams & CrashesCrowds
Tulip Mania
Dutch traders bid single tulip bulbs up to fantasy prices, though the crash was smaller than the legend says
A single tulip bulb, the story goes, was traded for a farm's worth of goods. Then the market collapsed. What really happened?
You'll find out
- What one bulb was traded for
- How the crash really played out
- Why the legend grew bigger
Why it matters
Every mania gets a legend afterwards. Knowing what really happened in the first famous one helps you read the next.
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