Irrational Exuberance - book - was created in 2000.
Extreme happiness and excitement for no apparent reason.
Irrational exuberance
Alan Greenspan
"How do we know when irrational exuberance has unduly escalated asset values?" (Alan Greenspan, chairman of the US Federal Reserve, in a speech during the stock market boom of the 1990s. Translation: How do we know when stocks are too expensive?)
Economies go into a recession after a decline in the Gross Domestic Product growth rate following a period of irrational exuberance. This exuberance can often be felt in housing or high technology areas.
Irrational exuberance
No. At least, not for his work in the bank. Ans 2. Alan Greenspan said that the numbers that bankers used to cobble together investment products were based on "irrational exuberance". The numbers on which toxic mortgages were based were irrational by any standards.
Irrational Games was created in 1997.
Irrational Anthems was created in 1996.
Predictably Irrational was created in 2008-02.
Tony's exuberance knew no bounds.
Robert Shiller. Although Alan Greenspan made the phrase famous, he took the phrase originally from Robert Shiller, as stated in Greenspan's biography, "The Age of Turbulence."