This is part two of a pair of postsabout the Tulip Bubble, aka tulipomania, when in the 1630s in Holland the price of a tulip bulb inflated incredibly, and then suddenly dropped. My last post described Holland at that time. The merchant class had lots of money but because of sumptuary laws and Calvinist beliefs, spent it on houses and gardens not jewels and furs.Tulips had been introduced from Turkey after 1550. They were still uncommon and some highly desirable varieties were very rare indeed (link to
previous post). The result was a bubble...