HISA04H3 Lecture Notes - Tulip Mania, Delftware
Document Summary
The dutch did not establish extensive colonial presence in americas, but profited from shipping goods across the atlantic to europe: dutch were often referred to as universal carriers . The navigation act stated that only english ships could carry goods between. English colonies and england: this freed the english from the control of the dutch. Protected english merchants and shippers from the dutch. Gave them an excuse to retaliate against dutch and french. Ended the thirty years war (1618-1648) and the constant warfare between. Protestants and catholics since the beginning of reformation. This term is used to talk about financial bubbles" inflation that continues until it finally bursts. However, the prof said this data came off wikipedia, so it is probably exaggerated and/or untrue. Wikipedia correctly points out that british journalist charles mackay popularized. Tulipmania in his 1841 book extraordinary popular delusions and the madness of crowds.
