Switzerland is well-known around the world for a number of things. Swiss watches are routinely regarded as being among the best in the global market. Swiss chocolate garners a fair amount of international attention. And the tradition of Swiss neutrality also contributes toward the country’s public
Tulip Mania: An Old Presage of Modern Economic Bubbles
The term “tulip mania” refers to the period during the Dutch Golden Age when the Netherlands saw an incredible rise in the popularity and sale of tulips. Tulips were first introduced to Europe when they were brought from the Ottoman Empire in 1554. They were initially brought to Vienna but made
The Beginning and End of the Amsterdam Stock Exchange
Long before the New York Stock Exchange was even a dim possibility, the Amsterdam Stock Exchange reigned as the world’s leading market for the trading of securities. Though stock transactions took place elsewhere prior to its creation, the Amsterdam Stock Exchange was the first financial institution
A Brief History of the Geld
In the year of 2016, we tend to associate tax collection with a number of images and concepts, such as complex forms, expensive government programs and the IRS. Our perception of taxation is inevitably bound to the society in which we live. In reality, however, the basis of this association is
Compressed History of the Eurozone Crisis
In 2010, there was a very serious problem in Europe known as the Eurozone crisis, which was more or less a direct result of the American financial services firm Lehman Bros. going bankrupt. In the following post, allow us to retrace a quick history of what happened in 2010 and 2011 in Greece, Spain
Blame your taxes on Fra Luca Pacioli
Accounting is usually seen as a business topic and not one that attracts a great deal of historical investigation. It may be interesting, then, to take a look at some accounting history and learn a little more about its origins. Luca Pacioli is known as the father of modern accounting. Born in 1445