During the Enlightenment, the Netherlands were one of the world’s great imperial powers. They were then one of the freest countries in the world. They had a large measure of freedom of religion, as well as a high measure of free markets. These things contributed to make them one of the greatest powers of their time. This might seem ironic, because Holland was then (and still is now) a small country. But its robust economy gave it power far beyond its numbers. The Dutch colonial empire rose to be one of the greatest empires in the world. But, eventually, most of that empire was lost, and the Dutch Empire then went the way of many other great empires of the past. Obviously, there is a darker side to this colonial empire, as there was with every other such empire in history. But there may still be a few things to learn from their astonishing success story. And we might also be able to learn a few things from this empire’s decline and fall.
The Amsterdam Stock Exchange, circa 1670







