4 ms·
It might help propagate a story that did not really happen the way people think it happened: > Research into tulip mania since then, especially by proponents o
by it_citizen 4y ago
It might help propagate a story that did not really happen the way people think it happened:
> Research into tulip mania since then, especially by proponents of the efficient-market hypothesis,[17] suggests that his story was incomplete and inaccurate. In her 2007 scholarly analysis Tulipmania, Anne Goldgar states that the phenomenon was limited to "a fairly small group", and that most accounts from the period "are based on one or two contemporary pieces of propaganda and a prodigious amount of plagiarism".[11] Peter Garber argues that the trade in common bulbs "was no more than a meaningless winter drinking game, played by a plague-ridden population that made use of the vibrant tulip market."
Source: Wikipedia - tulip mania