Irrational Exuberance
Subtitle: Second Edition
Edition: 2 edition
Publisher: Princeton University Press
Published: February 22, 2005
Language: eng
Format: Hardcover
Number of pages: 344
ISBN-13: 9780691123356
Subjects: Stocks & shares; United States; Prices; Economics - Theory; Business & Economics; Business / Economics / Finance; Stocks; Business/Economics; Stock exchanges; Real Estate - General; Investments & Securities - Stocks; Business & Economics / Economics / Theory; Economic theory & philosophy; Economics; Finance; Investments & Securities - General; Real property
First sentence: When Alan Greenspan, chairman of the Federal Reserve Board in Washington, used the term irrational exuberance to describe the behavior of stock market investors in an otherwise staid speech on December 5, 1996, the world fixated on those words.