Tulipmania: Episode 2
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Tulipmania: Episode 2
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About this listen
Every bubble bursts, and Tulipmania is no exception. But unlike the spectacle of the 2008 financial crisis or the collapse of crypto platforms, the tulip market deflated quietly. One day, people just stopped bidding. Contracts were broken. The frenzy died.
What’s fascinating here isn’t just the crash—it’s what the crash exposed. Tulipmania wasn’t just a market failure; it was a failure to account for what couldn’t be measured. The value of tulips wasn’t about economics—it was about perception, about trust, about the things no ledger could record - it was about the Madness of crowds.
Host - Michael Alexander Volkonsky
Guest - Jaco Zuijderduijn
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