Daily Archives: February 3, 2018

February 03

Tulip Mania: Madness in the 17th Century Netherlands

On the 3rd of February 1637, the tulip mania collapsed in the United Provinces (now the Netherlands) as sellers could no longer find buyers for their bulb contracts. Tulip mania refers to a period in the Dutch Golden Age during which contract prices for tulip bulbs reached astronomical levels. This phenomenon resulted in all kinds […]