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
What Work Is Fame" and "Growth" are direct accounts of two of Levine's jobs as a young man. "Fear and Fame" is based on a job Levine had cleaning out and refilling acid vats in his mid twenties. "Growth" is about the job Levine held at a soap factory at the age of fourteen. Many of Levine's poems are based on his experience growing up in Detroit. The titular poem, "What Work Is", is based on Levine's experience of waiting in a Detroit employment line. "The Right Cross" is related to a boxing teacher who taught Levine to defend himself while growing up