Irrational Exuberance (book) 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 exact month of the book's publication. The second edition of
The Story of the Youth Who Went Forth to Learn What Fear Was their wedding, the boy's continuing complaints annoyed his wife to no end. Reaching her wits' end, she sent for a bucketful of stream water, complete with gudgeons. She tossed the freezing water onto her husband while he was asleep. As he awoke, shuddering, he exclaimed that while he had finally learned to shudder, he still did not know what true fear was. The fairy tale is based on a tale from the German state of Mecklenburg and one from Zwehrn in Hesse, probably from Dorothea Viehmann, as told by Ferdinand Siebert from the area of the Schwalm. In the first