4min chapter

Ones and Tooze cover image

The Collapse of China's Zero-COVID Policy

Ones and Tooze

CHAPTER

The Tulip Bubble in the Netherlands

The tulip bubble in the netherlands led to a kind of financial crisis. It's estimated that the most insane price for a single tulip bulb, people were playing ten times the annual income of a skilled artisan. The dutch banks take a serious interest in this billion dollar industry. And i think perhaps it's more interesting to think of the dutch tulip bubble as a sort of, it's almost a metaphor for irrational manias per se.

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