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
Proof that e is irrational numbers. Still another proof can be obtained from the fact that Define formula_11 as follows: Then: which implies: for any integer formula_15 Note that formula_16 is always an integer. Assume formula_17 is rational, so, formula_18 where formula_19 are co-prime and formula_20 It's possible to appropriately choose formula_21 so that formula_22 is an integer i.e. formula_23 Hence, for this choice, the difference between formula_22 and formula_16 would be an integer. But from the above inequality, that's impossible.So, formula_17 is irrational. This means that formula_27 is irrational. In 1840, Liouville published a proof of the fact that "e" is irrational followed by