Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels. The major acceleration started in 1634 and then dramatically collapsed in February 1637.

Jun 25, 2024 · What Was the Dutch Tulip Bulb Market Bubble? The Dutch tulip bulb market bubble was one of the most famous market bubbles and crashes of all time. Also known as tulipmania, it occurred in...

Mar 16, 2020 · In 1636, according to an 1841 account by Scottish author Charles MacKay, the entirety of Dutch society went crazy over exotic tulips.

3 days ago · The Dutch Tulip Bubble (“Tulip Mania”) was a speculative frenzy in 17th-century Holland over the sale of tulip bulbs. Tulips were introduced into Europe from Turkey shortly after 1550, and the delicately formed, vividly colored flowers became a popular if costly item.

Jan 21, 2025 · Tulip Mania (Tulipomania) occurred in Holland during the Dutch Golden Age and has long been considered the first recorded speculative or asset bubble. When the tulip was introduced, it immediately became a popular status symbol …

Generally considered to be the first recorded financial bubble, the Tulip Mania of 1636-1637 was an episode in which tulip bulb prices were propelled by speculators to incredible heights before collapsing and plunging the Dutch economy into a severe crisis that lasted for many years.

May 26, 2024 · At the height of the bubble, contracts for single tulip bulbs sold for more than 10 times the annual income of a skilled artisan before collapsing dramatically in February 1637. Nearly 400 years later, tulip mania remains a fascinating case study as the world‘s first major speculative bubble.

Feb 3, 2014 · On Holland’s legendary tulip bubble, which burst today in 1637. When economists need to summon an age of unchecked speculation and financial fecklessness—usually as an analog to our own—the Dutch tulip mania is at the top of the list.

Feb 2, 2025 · Read on to learn the story of how the Dutch became obsessed with tulips and how these flowers put their mark on the country’s history. The 17th-century tulipmania had a powerful impact on merchants, buyers, and artists, captivating the Dutch imagination. Tulip Fields by Gerrit Willem Dijsselhof, 1890-1922. Source: Rijksmuseum, Amsterdam.

Oct 6, 2024 · In the early 17th century, Tulip Mania in the Dutch Republic epitomized an economic bubble marked by excessive speculation and greed, leading to tulip bulbs becoming more valuable than houses. Initially introduced to Europe in the mid-1500s, tulips quickly gained popularity among the wealthy.