Irrational exuberance Pink also used the phrase in 2009 in his book "" in the chapter discussing how extrinsic motivation can encourage short-term thinking at the cost of long-term health: "This is the nature of economic bubbles: What seems to be irrational exuberance is ultimately a bad case of extrinsically motivated myopia". Irrational exuberance "Irrational exuberance" is a phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a speech given at the American Enterprise Institute during the dot-com bubble of the 1990s. The phrase was interpreted as a warning that the market might be overvalued. Greenspan's comment was made during
Irrational number can never be expressed as a quotient of integers "m"/"n" with "n" ≠ 0. Cases such as log 2 can be treated similarly. Almost all irrational numbers are transcendental and all real transcendental numbers are irrational (there are also complex transcendental numbers): the article on transcendental numbers lists several examples. So "e" and π are irrational for all nonzero rational "r", and, e.g., "e" is irrational, too. Irrational numbers can also be found within the countable set of real algebraic numbers (essentially defined as the real roots of polynomials with integer coefficients), i.e., as real solutions of polynomial equations where