The following is a Plus Edition article written by and copyright by Dick Eastman.
We often think of speculation in stock market, real estate, oil futures, or dot-com companies to be modern ventures for risk-taking entrepreneurs. Not so. Our ancestors were known to take perhaps even greater risks in a largely unregulated business atmosphere. Perhaps the most famous was the Dutch Tulip Mania of 1636-1637. However, it was not confined to the Dutch; many of our ancestors in other countries also joined in the frenzy.