While studying European guilds last year, I came across a debate over the “Golden Age” of the Netherlands (1580 to 1680). The issue was whether Dutch guilds were weak or strong. I wanted to delve into this subject, but doing so would have been futile. I don’t know the Dutch language. The best writing about Dutch guilds in the seventeenth century would be in Dutch.
I suspect that many historians, including economic historians, have experienced this same problem and not given the Dutch the study they deserve. Historians tend to praise the early muscularity of the Netherlands economy but then dismiss the country as being unimportant in the long run because it missed out on the Industrial Revolution.
This, despite the facts that the country increased its farmland by one-third (from 1300 to 1800) through reclamation from the sea, it had a prosperous economy before any other country, and it had a sturdy middle class in the age of Rembrandt. But it didn’t have factories until late in the nineteenth century, so it was “backward.” It fell off the charts of history—its high point being 1688, when its stadtholder, William of Orange, became the king of England.