Irrational Exuberance Audiobook (Free)

With a fresh Afterword on the existing state of the currency markets, the ongoing debate within the “new economy,” and the bigger implications of “irrational exuberance.”

Within this controversial, hard-hitting account of today’s explosive market, Robert J. Shiller, a respected expert on market volatility, evokes Alan Greenspan’s infamous 1996 research, “irrational exuberance,” to describe the alternately soaring and declining stock market. Shiller’s unconventional however persuasive argument credits an unprecedented confluence of events with driving shares to uncharted levels, and he analyzes the structural, ethnic, and psychological causes of these degrees of development not reflected in virtually any various other sector of the economy. Now more relevant than ever before, this analysis is usually both chilling and convincing-a must-read for the average person investor, the policy maker, as well as the investment professional.