Tulip Mania: The Bubble Story Everyone Gets Wrong

Tulip Mania in 1637 is often called the first financial bubble. Did the Dutch tulip market really ruin an entire nation? This history documentary traces the boom, the crash, and the myth. In the winter of 1637, the rarest tulip bulbs in Holland sold for more than ten years of a craftsman's wages. Then, in a tavern in Haarlem, a man named his price and nobody bid.

For almost two hundred years, Tulip Mania has been told as the first great financial bubble: a whole nation gone mad for a flower, fortunes lost overnight, ruined families. The archives tell a stranger story. It involves a flower named after a turban, a disease nobody could see, a market where nothing changed hands, and a few satirists who wrote the version we still believe.

CHAPTERS 0:00 Haarlem, 1637 1:14 I. The Turban Flower 3:42 II. The Beautiful Disease 6:05 III. Trading the Wind 8:48 IV. The Peak 11:12 V. The Day Nobody Came 13:43 VI. The Myth Machine 17:11 VII. Why We Need the Tulip SOURCES AND FURTHER READING - Anne Goldgar, Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age (University of Chicago Press, 2007)

- Peter M. Garber, Famous First Bubbles: The Fundamentals of Early Manias (MIT Press, 2000) - Charles Mackay, Memoirs of Extraordinary Popular Delusions (1841) - Maarten Prak, The Dutch Republic in the Seventeenth Century (Cambridge University Press, 2005) - History.com, "There Was Never a Tulip Mania Crash": https://www.history.com/news/tulip-mania-financial-crash-holland

- Frans Hals Museum, Hendrick Pot, Flora's Wagon of Fools: https://www.franshalsmuseum.nl/?p=11963 - Wikipedia, Tulip mania: https://en.wikipedia.org/wiki/Tulip_mania - Wikipedia, Tulip breaking virus: https://en.wikipedia.org/wiki/Tulip_breaking_virus - Wikipedia, Tulip period: https://en.wikipedia.org/wiki/Tulip_period Artwork, music and sound are original to this video.

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