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Tulipmania By Anne Goldgar

Tulipmania by Anne Goldgar

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Summary

In 1630s, the Netherlands was gripped by tulipmania: a speculative fever unprecedented in scale and, as history would have it, folly. The author lays waste to the legends, revealing that while the 1630s did see a speculative bubble in tulip prices, neither the height of bubble nor its bursting were anywhere near as dramatic as we tend to think.

Tulipmania Summary

Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age by Anne Goldgar

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.

Tulipmania Reviews

"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"

About Anne Goldgar

Anne Goldgar is a reader in early modern history at King's College London. She is the author of Impolite Learning: Conduct and Community in the Republic of Letters, 1680-1750.

Additional information

NGR9780226301266
9780226301266
0226301265
Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age by Anne Goldgar
New
Paperback
The University of Chicago Press
2008-09-15
446
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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Customer Reviews - Tulipmania