4 ms·
I'm not following, nowhere in that article does it say there was no boom/bust of tulips.
by dmoy 9y ago
I'm not following, nowhere in that article does it say there was no boom/bust of tulips.
- sol_remmy 9y agoThe article states 1) it was a boom/bust and 2) the boom/bust was caused by government regulation. It states that Tulipmania was a rational response to anticipated government regulation that would let investors cancel their futures contracts for only a small fee.