Did Greenspan Steal the Phrase “Irrational Exuberance?”
From The Big Picture
January 28, 2013 - 7:40pm
Interesting discussion by Think Tank contributor MacroMan, who retells a story about Yale Professor Robert Shiller: We asked him once to visit us in our offices and the meeting took place the day after then Fed Chairman Alan Greenspan’s famous Irrational Exuberance speech in December 1996: “But how do we know when irrational exuberance has [...]
Continue reading this article »Share This Article: