Irrational Exuberance (book) able to claim that he has foreseen any given crisis. Irrational Exuberance (book) Irrational Exuberance is a March 2000 book written by American economist Robert J. Shiller, a Yale University professor and 2013 Nobel Prize winner. The book examines economic bubbles in the 1990s and early 2000s, and is named after Federal Reserve Chairman Alan Greenspan's famed "irrational exuberance" quote warning of such a possible bubble in 1996. Published at the height of the dot-com boom, the text put forth several arguments demonstrating how the stock markets were overvalued at the time. The stock market collapse of 2000 happened the
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