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
Fear of the dark Fear of the dark Fear of the dark is a common fear or phobia among children and, to a varying degree, adults. A fear of the dark does not always concern darkness itself; it can also be a fear of possible or imagined dangers concealed by darkness. Some degree of fear of the dark is natural, especially as a phase of child development. Most observers report that fear of the dark seldom appears before the age of 2 years. When fear of the dark reaches a degree that is severe enough to be considered pathological, it is sometimes called scotophobia