In this episode, Lucas and Luna dive into the legendary tulip mania that gripped the Dutch Republic in the 1630s. They separate fact from fiction, exploring how the tulip arrived from the Ottoman Empire, the role of the VOC, the rise of rare bulb varieties like Semper Augustus, and the mechanics of futures trading in taverns. They discuss the peak prices, the crash in February 1637, and the aftermath—including the legal debates and the enduring myth of economic ruin. Drawing on recent scholarship by Anne Goldgar, they reveal that the mania was less widespread than popular accounts suggest, and that the real impact on the Dutch economy was limited. The episode connects to broader themes of speculation, innovation, and the birth of modern finance in the Dutch Golden Age.
#TulipMania #DutchGoldenAge #SpeculativeBubble #SemperAugustus #VOC #DutchRepublic #1637 #Haarlem #Amsterdam #OttomanTulips #FlowerBulbs #EconomicHistory #AnneGoldgar #FuturesTrading #FinancialBubbles #DutchHistory #History #FexingoHistory
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