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
Fear Is the Key force him to provide the necessary resources. Talbot has been working for the authorities all along and convinces Vyland and Royale that he is now ready to die on the ocean floor beside his family, eliciting a terror-stricken confession from the two men (their fear of death being the key that unlocks the confession) which is relayed to witnesses on the oil platform. Talbot then returns to the oil platform, where Vyland throws himself to his death from a ladder. Royale survives to be tried and sentenced to death and Talbot, politely turning down General Ruthven's offer of any reward