Febre da tulipa

[Smithsonian] "For decades, economists have pointed to 17th-century tulipmania as a warning about the perils of the free market. Writers and historians have reveled in the absurdity of the event. The incident even provides the backdrop for the new film Tulip Fever, based on a novel of the same name by Deborah Moggach.

"The only problem: none of these stories are true.

"What really happened and how did the story of Dutch tulip speculation get so distorted? Anne Goldgar discove...

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There Never Was a Real Tulip Fever

A new movie sets its doomed entrepreneurs amidst 17th-century “tulipmania”—but historians of the phenomenon have their own bubble to burst

smithsonianmag.com

Crooked Timber] "Simon Kuper, in today’s FT, reviews Anne Goldgar’s Tulipmania, a new study of the 17th century boom and bust in the Dutch tulip market. Disappointingly, it turns out that most of the stories are false. There was a boom, but it was a fairly marginal phenomenon in the Dutch economy, and people weren’t ruined: the deals were done when the plants were in the ground, but payment was due only when the bulbs were dug up. Most people simply refused to pay, or paid only a small fraction of what they owed."

The myth of Tulipmania

Simon Kuper, in today’s FT, “reviews Anne Goldgar’s _Tulipmania_, “: a new study of the 17th century boom and bust in the Dutch tulip market. Disappointingly, it turns out t…

crookedtimber.org