DUTCH TULIP MADNESS. “A particularly rare tulip, Semper Augustus, was priced at around 1,000 guilders in the 1620s. But just before the crash, it was valued at 5,500 guilders per bulb—roughly the cost of luxurious house in Amsterdam. Prices collapsed in February 1637—although data here are particularly poor—and a few investors were left bankrupt.” Curiously coincidental with the Edo period in Japan (1603-1867). Also, both flowers are governed by viral/transposon genetics.
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linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022