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
Irrational number magnitudes: The Egyptian mathematician Abū Kāmil Shujā ibn Aslam (c. 850 – 930) was the first to accept irrational numbers as solutions to quadratic equations or as coefficients in an equation, often in the form of square roots, cube roots and fourth roots. In the 10th century, the Iraqi mathematician Al-Hashimi provided general proofs (rather than geometric demonstrations) for irrational numbers, as he considered multiplication, division, and other arithmetical functions. Iranian mathematician, Abū Ja'far al-Khāzin (900–971) provides a definition of rational and irrational magnitudes, stating that if a definite quantity is: Many of these concepts were eventually accepted by European