Irrational Exuberance author Shiller to speak Feb. 12

by Dennis Brown

Robert J. Shiller, author of the best-selling book “Irrational Exuberance” and one of the nation’s leading experts on stock market volatility, will speak at 11:45 a.m. Feb. 12 (Wednesday) in the Jordan Auditorium of the Mendoza College of Business at the University of Notre Dame. His talk is a part of the college’s O’Brien-Smith Visiting Scholars Program and is free and open to the public.p. A New York Times nonfiction best seller, “Irrational Exuberance” was published in March 2000, just as the Nasdaq index was reaching its peak. In the book, Shiller analyzed and explained the soaring stock market of the 1980s and ‘90s, observing that Federal Reserve chairman Alan Greenspan’s term “irrational exuberance” was a fitting description of the market, and presciently warning that the levels were unsustainable.p.

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