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Lack of regulation and poor quality control were just a couple of the details that led to the abrupt crash in February 1637. Tulipomania was the original market bust--people were ruined, debts went unpaid. It was a disaster similar to the stock-market crash of 1929. A brief resurrection of the mania occurred 65 years later in Istanbul, and while it was not the financial obsession Holland experienced, it led to the creation of standards in flower shape and increased the development of new types. You don't need to be obsessed to enjoy this book--an interest in tulips, history, and the futures market ensures that this will be a remarkable read. --Jill Lightner
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Book Description Paperback or Softback. Condition: New. Tulipomania: The Story of the World's Most Coveted Flower & the Extraordinary Passions It Aroused 0.45. Book. Seller Inventory # BBS-9780609807651
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Book Description Paperback. Condition: new. Paperback. A vivid narration of the history of the tulip, from its origins on the barren, windswept steppes of central Asia to its place of honor in the lush imperial gardens of Constantinople, to its starring moment as the most covetedand beautifulcommodity in Europe.In the 1630s, visitors to the prosperous trading cities of the Netherlands couldn't help but notice that thousands of normally sober, hardworking Dutch citizens were caught up in an extraordinary frenzy of buying and selling. The object of this unprecedented speculation was the tulip, a delicate and exotic Eastern import that had bewitched horticulturists, noblemen, and tavern owners alike. For almost a year rare bulbs changed hands for incredible and ever-increasing sums, until single flowers were being sold for more than the cost of a house. Historians would come to call it tulipomania. It was the first futures market in history, and like so many of the ones that would follow, it crashed spectacularly, plunging speculators and investors into economic ruin and despair. This colorful cast of characters includes Turkish sultans, Yugoslav soldiers, French botanists, and Dutch tavern keepersall centuries apart historically and worlds apart culturally, but with one thing in common: tulipomania. A favorite with reviewers and readers nationwide, "Tulipomania"--now in paperback--is the true story of how a beautiful flower shaped Western history, from the medieval courts of the Ottoman sultans to the futures markets of Holland's Golden Age. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780609807651
Book Description Condition: New. pp. 288. Seller Inventory # 8119748
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