Irrational Exuberance (book) able to claim that he has foreseen any given crisis. 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
Irrational number A stronger result is the following: Every rational number in the interval formula_23 can be written either as "a" for some irrational number "a" or as "n" for some natural number "n". Similarly, every positive rational number can be written either as formula_24 for some irrational number "a" or as formula_25 for some natural number "n". It is not known if formula_26 (or formula_27) is irrational. In fact, there is no pair of non-zero integers formula_28 for which it is known whether formula_29 is irrational. Moreover, it is not known whether or not the set formula_30 is algebraically independent over