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 the coefficients formula_7 are integers and formula_8. Any rational root of this polynomial equation must be of the form "r" /"s", where "r" is a divisor of "a" and "s" is a divisor of "a". If a real root formula_9 of a polynomial formula_10 is not among these finitely many possibilities, it must be an irrational algebraic number. An exemplary proof for the existence of such algebraic irrationals is by showing that "x" = (2 + 1) is an irrational root of a polynomial with integer coefficients: it satisfies ("x" − 1) = 2 and hence "x" − 2"x" −