When did the tulip bubble burst?
When the tulip bubble suddenly burst in 1637, Mackay claimed that it wreaked havoc on the Dutch economy. Tulip price index from 1636-1637. The values of this index were compiled by Earl A. Thompson in Thompson, Earl (2007), “The Tulipmania: Fact or artifact?”, Public Choice 130, 99–114 (2007). In February 1637, tulip traders could no …