“Irrational exuberance is the psychological basis of a speculative bubble": Irrational Exuberance; Inscribed by Robert J. Shiller
Shiller, Robert J.$350.00
Item Number: 29021
Princeton, New Jersey: Princeton University Press, 2000.
First edition, later printing. Octavo, original cloth. Inscribed by the author on the front free endpaper, “To Doug As a loyal Salada customer! Best Wishes Robert J. Shiller.” Fine in a fine dust jacket.
"Irrational Exuberance is not just a prophecy of doom. . . . [I]t is a serious attempt to explain how speculative bubbles come about and how they sustain themselves" (John Cassidy, New Yorker). It was the winner of the 2000 Commonfund Prize for the Best Contribution to Endowment Management Research. In 2013 Shiller was awarded the Nobel Prize in economics.