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Vibrant pink Tulips by Marjorie Wallace

Canvas Prints

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April in Seattle, Washington

476 views 17 Jan 2011
21 favorites
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Tulip mania or tulipomania (Dutch names include: tulpenmanie, tulpomanie, tulpenwoede, tulpengekte and bollengekte) was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced tulip reached extraordinarily high levels and then suddenly collapsed. At the peak of tulip mania in February 1637, tulip contracts sold for more than 10 times the annual income of a skilled craftsman. It is generally considered the first recorded speculative bubble (or economic bubble). The term “tulip mania” is now often used metaphorically to refer to any large economic bubble (when asset prices deviate from intrinsic values).

The event was popularized in 1841 by the book Extraordinary Popular Delusions and the Madness of Crowds, written by British journalist Charles Mackay. According to Mackay, at one point 12 acres of land were offered for a Semper Augustus bulb. Mackay claims that many such investors were ruined by the fall in prices, and Dutch commerce suffered a severe shock. Although Mackay’s book is a classic that is widely reprinted today, his account is contested. Many modern scholars believe that the mania was not as extraordinary as Mackay described, with some arguing that the price changes may not have constituted a bubble.

Research on the tulip mania is difficult because of the limited data from the 1630s—much of which comes from biased and anti-speculative sources.89 Although these explanations are not generally accepted, some modern economists have proposed rational explanations, rather than a speculative mania, for the rise and fall in prices. For example, other flowers, such as the hyacinth, also had high prices on the flower’s introduction, which then fell dramatically. The high prices may also have been driven by expectations of a parliamentary decree that contracts could be voided for a small cost—thus lowering the risk to buyers.
Excerpt from Wikipedia

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Cameras and photography captured my interest years ago as a child with my little Brownie. The cameras have changed over the years until the Digital age when I got really serious about photography. Not only has my work improved, but it has opened many doors to meeting wonderful people along the way. New friendships and learning new skills… I am hopeful that some of my best work is yet to come.

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  • KatsEye
    KatsEyealmost 5 years ago

    Spring is in the air. This is just gorgeous. The color is just fab.

  • I am so glad to see spring this year. Thank you for your mice comments. Much appreciated.

    – Marjorie Wallace

  • debbiedoda
    debbiedodaalmost 5 years ago

    We still have snow, no spring yet, cant wait to see beautiful flowers like this again.

  • Spring is arriving in my part of the country. Oh so beautiful!

    – Marjorie Wallace

  • GittiArt
    GittiArtalmost 5 years ago

    fantastic pink …I really love the sesoan of tulips…great shot !!!!

  • I love the tulips too. For me they are one of the highlights of spring.

    – Marjorie Wallace

  • AliceDoodles
    AliceDoodlesalmost 5 years ago

    Your co-hosts,
    Cee and Chris

  • Thank you, Chris and Cee. Much appreciated. :~)

    – Marjorie Wallace

  • lorilee
    lorileealmost 5 years ago


  • Thank you very much, Lorilee. I am glad you stopped by! :)

    – Marjorie Wallace

  • AliceDoodles
    AliceDoodlesalmost 5 years ago

    Your cohosts Cee and Chris

  • Thank you so much. Good to see your happy banner! :~)

    – Marjorie Wallace

  • EvaMarIza
    EvaMarIzaalmost 5 years ago

    Love tulips- beautiful image :))))

  • Thank you, Eva. I am glad you like it! :~)

    – Marjorie Wallace

  • rodsfotos
    rodsfotosalmost 5 years ago

    They look in perfect condition Marjorie and such a beautiful deep red, a beautiful floral close-up,
    Regards, Rod.

  • Thank you, Rod. Sometimes I see them as red and other times as a fuscia pink. I think the fuscia pink won out this time. I appreciate your comments and thank you so much for stopping by. :~)

    – Marjorie Wallace

  • Barbara Anderson
    Barbara Andersonalmost 5 years ago

    Beautiful, isn’t it nice to have spring flowers already?

  • Thank you, Barbara. This was at the nursery…. must always take my camera when I go there for these is always something spectacular to photograph.

    – Marjorie Wallace

  • Dawn B Davies-McIninch
    Dawn B Davies-...almost 5 years ago

    a beuatiful spring shot, gorgeous tulips,dawnx

  • Thank you so very much, Dawn. I am glad you stopped by and I always appreciate your comments. :)

    – Marjorie Wallace

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