To Let Mania - The Classic Investment Bubble

The book focuses on to let mania and the electronics bubbles that have followed generation after generation. In Holland tulip bulbs came from Middle East and there started a speculation that made a single tool of bulb double and then double again. One tulip bulb actually selling for about the equivalent of what a nobleman's castle would sell for. But eventually some people say, hey, why should we pay that much for a single tulip bulb? And all of a sudden the bubble deflates, crashes, and in Holland tulips would then be lying on the ground essentially worthless.