Tulip mania was a period in the Dutch Republic when the prices of tulip bulbs, especially those with rare, striped flower patterns caused by a virus, rose to extraordinary levels in contracts for future delivery. Prices peaked in the winter of 1636 to 1637 and collapsed in February 1637. It is often presented as the first speculative bubble. Modern historians, such as Anne Goldgar, have argued that the story was exaggerated by later writers, and that the scale of the trade and of the losses was much smaller, mostly involving a small group of merchants and craftsmen rather than the whole economy. The Dutch Golden Age continued.
Before and after
- from 1633 to 1634Polish–Ottoman War of 1633–34
- 14 October 1633Birth of James II of England
- 1634Founding of Braintree
- 1634Founding of Attleboro
- from 1634 to 1637Tulip mania
- 1634Founding of Waltham
- from 5 September 1634 to 6 September 1634Battle of Nördlingen
- 18 July 1635Birth of Robert Hooke
- 1636Founding of Springfield
More in Wars, politics & history
- 25 September 1555Peace of Augsburg
- from 1683 to 1699Great Turkish War
- from September 1688 to September 1697Nine Years' War
- 26 January 1699Treaty of Karlowitz
- 1713Pragmatic Sanction of 1713
- 22 February 1732Birth of George Washington
The era
This moment belongs to the Early modern world (1500 CE to 1760 CE), voyages, printing and new ideas. You can also browse everything in the 17th century.