Re: Dutch Republic was much stronger in decades after Tulip Mania

[David Farber <dave () farber net>]

Begin forwarded message:

From: Suresh Ramasubramanian <suresh () hserus net>
Date: September 30, 2008 3:10:28 AM EDT
To: David Farber <dave () farber net>
Cc: odlyzko () dtc umn edu, v.dekker () trouw nl, dirkvanderwoude () gmail com
Subject: Re: [IP] Dutch Republic was much stronger in decades after  
Tulip Mania

A much more appropriate analogy than the mortgage bust would be  
domaining..
domains sold between professional domainers for astronomical sums of  
money
that just dont get borne out by their P/E ratio or any other hard  
financial
facts ..

David Farber [30/09/08 02:50 -0400]:
> court cases, a reflection of one of the few predictable phenomena
> of bubbles, namely that lawyers will get rich off of them, and that
> those lawyers will dig up some of the most interesting and most
> reliable information about the abuses of the bubbles), that the
> Tulip Mania was a small affair involving a modest number of people
> (most coming from a particular Protestant sect, which was prominent
> in the tulip trade).




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