One often-cited historical example of an economic bubble is the “Tulip Mania” phenomenon of the 1600s, famous especially for the problems it created in Holland. The story goes that in the 16th century, tulips were introduced to Europe from Turkey andover time become the object of a speculative bubble that collapsed in 1637, ruining many [...]
Filed under: Case Studies | Tagged: attributed value, economic bubbles, markets, Tulip Bubble, Tulip Mania | Leave a Comment »
