Fear of commitment of self-help, Harvard psychologist Deborah DePaulo has written books such as "Singleism" on the stigmatization of single people. The use of the term "fear" or "phobia" imparts an inherent linguistic bias. It recasts specific lifestyle decisions (such as bachelorhood vs. marriage, or a conscious decision to remain childfree by choice) implicitly as generalised, irrational phobias while failing to identify, describe or address an individual's specific motives. For instance, the men's rights movement, citing high divorce rates and expensive alimony and legal costs, would speak not in terms of "fear of commitment" but of "marriage strike" to reflect their position that
Irrational exuberance 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 a televised speech on December 5, 1996 (emphasis added in excerpt): The Tokyo market was open during the speech and immediately moved down sharply after this comment, closing off 3%. Markets around the world followed. The prescience of the short comment within a rather dry and complex speech would not