A History of Chaos: From Tulips to 1929
Lecture no. 9 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 11 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Starting with 17th-century Holland where an investor frenzy in a particular type of tulip bulbs drove up prices 30-fold in a matter of weeks (spoiler alert: It didn’t end well!) to an early 20th-century scandal involving a Stanford-trained engineer named Herbert Hoover, look at financial crises that shaped modern thinking.