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The Spice War That Accidentally Invented the Stock Market

19 min · 12. touko 2026
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Why did 17th-century Dutch investors get so obsessed with nutmeg that they created humanity's first stock bubble—and accidentally built the entire foundation of modern capitalism? Turns out when you're trying to fund incredibly risky spice voyages to tiny islands halfway around the world, you end up inventing shares, speculation, and even financial journalism. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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