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 then no integral power of it can be an integer, as in lowest terms there must be a prime in the denominator that does not divide into the numerator whatever power each is raised to. Therefore, if an integer is not an exact "k" power of another integer, then that first integer's "k" root is irrational. Perhaps the numbers most easy to prove irrational are certain logarithms. Here is a proof by contradiction that log 3 is irrational. Notice that log 3 ≈ 1.58 > 0. Assume log 3 is rational. For some positive integers "m" and "n", we have