Betting on the Bulbs

For your Saturday viewing and educational pleasure, via YouTube:

From the award-winning immersive film project, Econ in Motion, Betting on the Bulbs is the second short documentary. Adapted from an academic paper by Dr. David Thomas and Dr. Jim McClure from BSU (a paper that was recently published in the Oxford Journal), this film encapsulates the time period fully. It's 17th century Northern Europe, and the newly free United Provinces of Holland is getting richer and richer. Once the upper-class trading of prized tulips is adopted by the middle class and monetized, the clock begins ticking for what would eventually explode in disaster in 1637. This film explores that exciting moment in history while trying to find an economic answer to what created the problem in the first place.