tulip bubble

Tulipmania – Tulip bulb bubble and lessons for a modern time

December 1, 2009
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Tulipmania – Tulip bulb bubble and lessons for a modern time

It all began in 1593 when a Dutch importer Conrad Guestner carried back from Constantinople the first tulip bulb from what is now present day Turkey. The exotic flowers became an instant hit and within a few years has established themselves as a status symbol amongst the Dutch elite.   The desire and need to...
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TULIPOMANIA by Charles Mackay

April 5, 2009
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excerpt from Extrodinary Popular Delusions & the Madness of Crowds: Quis furor o cives! – Lucan. The tulip,-so named, it is said, from a Turkish word, signifying a turban,- was introduced into western Europe about the middle of the sixteenth century. Conrad Gesner, who claims the merit of having brought it into repute,-little dreaming...
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