for the book IrrationalExuberance book refimprove date March 2011 Irrationalexuberance is a phrase used by the then Federal Reserve Board Chairman, Alan Greenspan , in a speech given at the American Enterprise Institute during the Dot com bubble of the 1990s. The phrase was interpreted as a warning that the market might be somewhat overvalued. Overview Greenspan s comment was made on December 5, 1996 emphasis added in excerpt ... Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price earnings ratios and the rate of inflation in the past. But how do we know when irrationalexuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? ... http www.federalreserve.gov boarddocs speeches 1996 19961205.htm The Challenge of Central Banking in a Democratic Society , 1996 12 05 The prescience of the short comment within a rather dry and complex speech would not normally have been so memorable however, it was followed by immediate slumps in stock markets worldwide, particularly the Nasdaq Composite , provoking a strong reaction in financial circles and making its way into colloquial speech. Greenspan s comment was well remembered, although few heeded the warning. The phrase was picked up by Yale University Yale professor Robert Shiller , who used it as the title of his book, IrrationalExuberance book IrrationalExuberance , in 2000. By the mid to late 2000s the losses were recouped and eclipsed by a combination of events, including the 2000s commodities boom and the United States housing bubble . However, the late 2000s recession of 2007 onwards wiped out these gains. The second market slump brought the phrase back into the public eye, where it was much used in hindsight , to characterize the excesses of the bygone era ... more details
Irrationalexuberance may refer to Irrationalexuberance , a term used in 1996 by Alan Greenspan, then chairman of the U.S. Federal Reserve Board, with regards to equity prices in the United States IrrationalExuberance book IrrationalExuberance book , by Robert Shiller, which expanded on the theme of Greenspan quote IrrationalExuberance , a Flash animutation of the song Yatta which features images of Mr. Greenspan. The blue link is Yatta disambig ... more details
italic title For other uses of the term Irrationalexuberance , see the Irrationalexuberance disambiguation article. IrrationalExuberance is a March 2000 book written by Yale University professor Robert Shiller , named after Alan Greenspan s irrationalexuberance quote. Published at the height of the dot com boom , it put forth several arguments demonstrating how the stock market s were overvalued at the time. Shiller was soon proven right when the Nasdaq peaked on the very month of the book s publication, and the stock markets collapsed right after. The second edition of IrrationalExuberance published in 2005 is updated to cover the United States housing bubble housing bubble , especially in the United States . Shiller writes that the real estate bubble may soon burst, and he supports his claim by showing that median home prices are now six to nine times greater than median income in some areas of the country. He also shows that home prices, when adjusted for inflation, have produced very modest returns of less than 1 year. Shiller proved right again as witnessed by the fall of the United States housing bubble housing bubble which was in part responsible for the Late 2000s recession Worldwide recession of 2008 2009 . Quotations t he stock market has not come down to historical levels the price earnings ratio as I define it in this book is still, at this writing 2005 , in the mid 20s, far higher than the historical average. People still place too much confidence in the markets and have too strong a belief that paying attention to the gyrations in their investments will someday ... Composite Real Price Index, Earnings, Dividends, and Interest Rates. From IrrationalExuberance , 2d ... .png Price Earnings ratios as a predictor of twenty year returns. From IrrationalExuberance , 2d ed ... IE2 Fig 2 1.png Plot of U.S. home prices, population, building costs, and bond yields. From IrrationalExuberance , 2d ed. ref name IE2Housing http www.irrationalexuberance.com Fig2.1Shiller.xls source ... more details
In mathematical theory of dynamical system s, an irrational rotation is a function mathematics map math T theta 0,1 rightarrow 0,1 , quad r x x theta mod 1, math where is an irrational number . Under the identification of a circle with R Z , or with the interval 0, 1 with the boundary points glued together, this map becomes a rotation of a circle by a proportion &theta of a full revolution i.e. an angle of 2 &pi radians . Since &theta is irrational, the rotation has infinite Order group theory order in the circle group and the map T sub &theta sub has no periodic orbit s. Moreover, the orbit of any point x under the iterated function iterates of T sub &theta sub , math x n theta n in mathbb Z , math is dense set dense in the interval 0, 1 or the circle. Significance Irrational rotations form a fundamental example in the theory of dynamical system s. According to the Denjoy theorem , every orientation preserving C sup 2 sup diffeomorphism of the circle with an irrational rotation number &theta is topologically conjugate to T sub &theta sub . An irrational rotation is a measure preserving transformation measure preserving ergodic transformation , but it is not mixing physics mixing . The Poincar map for the dynamical system associated with the Foliation Examples Kronecker foliation on a torus with angle is the irrational rotation by . C algebra s associated with irrational rotations, known as irrational rotation algebra s, have been extensively studied. See also Bernoulli map Modular arithmetic Toeplitz algebra Phase locking circle map References C. E. Silva, Invitation to ergodic theory , Student Mathematical Library, vol 42, American Mathematical Society , 2008 ISBN 978 0 8218 4420 5 Category Dynamical systems ... more details
Infobox company company name Irrational Games company logo File IrrationalGames new logo.jpg 250px caption ... 2K Games homepage http www.irrationalgames.com Irrational Games known briefly as 2K Boston, Inc ... Glass Studios Ken Levine video game designer Ken Levine , Jonathan Chey, and Robert Fermier as Irrational Games. On January 9, 2006, Take Two Interactive announced that they had purchased Irrational, and would publish their games under the 2K Games label. At its largest point Irrational had two ... former Irrational Games employees leaving to join the new company. 2K Marin worked with 2K ... that a recently created website , whatisicarus.com, was a promotion relating to Irrational Games unannounced ... right thumb Original Irrational Games logo 1997 Boston studio formed by former Looking ... to critical acclaim. 2000 Irrational Canberra opens, with Jonathan Chey taking the helm. Deep Cover ... video game The Lost being halted. 2004 Irrational designers Ed Orman and Dean Tate awarded Best ... PC Game . 2005 Irrational s Boston studio moves to larger office space in Quincy, Massachusetts . The studio retains the Irrational Games Boston title. 2006 Irrational is acquired by Take Two ... 183561 ref 2007 Irrational Games is renamed to 2K Boston and 2K Australia on August 10. ref name ... 20070810005400&newsLang en title Irrational Games Renamed 2K Boston and 2K Australia publisher ... acclaim and strong sales. 2010 2K Boston announces its return to its original name, Irrational Games on January 8. ref http gameinformer.com b news archive 2010 01 08 the return of irrational games.aspx ... References Reflist External links http www.IrrationalGames.com Irrational Games US http www.Irrational.com.au Irrational Games AU http www.2kboston.com 2K Boston Quincy, Massachusetts http www.2kaustralia.com 2K Australia Canberra, ACT http www.mobygames.com company irrational games Irrational Games ... ca 2K Boston 2K Australia de Irrational Games es Irrational Games fr Irrational Games ko it Irrational ... more details
Infobox Album See Wikipedia WikiProject Albums Name Irrational Anthems Type studio Artist Skyclad band Skyclad Cover Irrationalanthems.jpg Released 1996 Recorded Genre Folk metal Length 53 09 Label Massacre Records Producer Kevin Ridley Reviews Allmusic Rating 3 5 Allmusic class album id r310779 pure url yes link Last album The Silent Whales of Lunar Sea br 1995 This album Irrational Anthems br 1996 Next album Oui Avant Garde Chance br 1996 Irrational Anthems is an album by prolific United Kingdom British Folk metal band, Skyclad band Skyclad , released in 1996 their sixth album in as many years. It was released as a digipak and standard CD release. Track listing Inequality Street 4 05 The Wrong Song 3 56 Snake Charming 4 04 Penny Dreadful 3 08 The Sinful Ensemble 2 40 My Mother in Darkness 4 00 The Spiral Starecase 2 23 No Deposit, No Return 4 30 Sabre Dance 3 07 I Dubious 3 12 Science Never Sleeps 5 05 History Lessens 3 38 Quantity Time 5 14 References http metal archives.com release.php?id 3675 Encyclopaedia Metalum Category 1996 albums Category Skyclad albums Category Massacre Records albums pt Irrational Anthems fi Irrational Anthems ... more details
Refimprove date May 2008 In mathematics , a quadratic irrational also known as a quadratic irrationality or quadratic surd is an irrational number that is the solution to some quadratic equation with rational coefficients. ref J rn Steuding, Diophantine Analysis , 2005 , Chapman & Hall, p.72. ref Since fractions in the coefficients of a quadratic equation can be cleared by multiplying both sides by their common denominator , a quadratic irrational is an irrational root of some quadratic equation whose coefficients are integer s. The quadratic irrationals form the Real number real algebraic number s of degree 2 and can, therefore, be expressed in this form math a b sqrt c over d math for integers a , b , c , d with b and d non zero, and with c > 1 and square free . This implies that the quadratic irrationals have the same cardinality as ordered quadruples of integers, and are therefore countable . The rational number s together with all quadratic irrationals with a given c ..., ldots math Square root of non square is irrational The definition of quadratic irrationals requires them to satisfy two conditions they must satisfy a quadratic equation and they must be irrational ... is irrational is the same as asking when the square root of an integer is irrational. The answer to this is that the square root of any natural number that is not a perfect square is irrational. The square root of 2 was the first such number to be proved irrational. Theodorus of Cyrene proved the irrationality ... Book 10 is dedicated to classification of irrational magnitudes. The original proof of the irrationality ... root of an integer is always either another integer, or irrational. Euclid used a restricted version ... the knot.org proofs sq root.shtml Cut the knot Square root of 2 is irrational ref among others. The following ... root of two found by Theodor Estermann in 1975. ref Colin Richard Hughes, Irrational roots , Mathematical ... is not a quadratic irrational Category Number theory de Quadratisch irrationale Zahl fr Irrationnel ... more details
pp move indef In mathematics , an irrational number is any real number that cannot be expressed as a ratio ..., this means that an irrational number cannot be represented as a simple fraction. Irrational ... and the rationals countable it follows that almost all real numbers are irrational. ref Cite book last ... of lengths of two line segments is irrational, the line segments are also described as being ... known irrational numbers are the ratio of a circle s circumference to its diameter Pi , Euler ... www.mathsisfun.com irrational numbers.html URL retrieved 24 October 2007. ref ref MathWorld title Irrational Number urlname IrrationalNumber URL retrieved 26 October 2007. ref History History of irrational ... sqrt 2 math is irrational. It has been suggested that the concept of irrationality was implicitly ... substantiated and unlikely to be true . Ancient Greece The first proof of the existence of irrational ... of an Irrational Number journal The Two Year College Mathematics Journal author James R. Choike ... quantitative values numbers out of the equation, he avoided the trap of having to express an irrational ... 1990, p.49. ref Book 10 is dedicated to classification of irrational magnitudes. As a result of the distinction ... Eudoxus developed a theory of proportion that took into account irrational as well as rational ratios that a strong mathematical foundation of irrational numbers was created. ref cite book title The historical ... allowed irrational numbers to be treated as algebraic objects . ref MacTutor class HistTopics ... 884 examined and classified quadratic irrational s and cubic irrationals. He provided definitions for rational and irrational magnitudes, which he treated as irrational numbers. He dealt with them freely .... What is not rational is irrational and it is impossible to pronounce and represent its value ... Mahani considered integers and fractions as rational magnitudes, and square roots and cube root s as irrational ..., as he attributes the following to irrational magnitudes ref name Matvievskaya 259 quote their sums ... more details
Infobox Book name Predictably Irrational The Hidden Forces That Shape Our Decisions title orig translator image Image Predictably Irrational Book Cover.jpg 200x300px author Dan Ariely illustrator cover artist country USA language English series subject genre Behavioral economics publisher HarperCollins pub date February 2008 english pub date media type Print Hardcover pages 304 isbn 9780061353239 dewey 153.8 3 22 congress BF448 .A75 2008 oclc 182521026 preceded by followed by Predictably Irrational The Hidden Forces That Shape Our Decisions is a 2008 book by Dan Ariely , in which he challenges readers assumptions about making decisions based on rational thought . Ariely explains, My goal, by the end of this book, is to help you fundamentally rethink what makes you and the people around you tick. I hope to lead you there by presenting a wide range of scientific experiments, findings, and anecdotes that are in many cases quite amusing. Once you see how systematic certain mistakes are how we repeat them again and again I think you will begin to learn how to avoid some of them . ref name Ariely Dan Ariely Ariely, Dan , Predictably Irrational , HarperCollins, 2008. ref Chapter summary Dan Ariely Ariely discusses many modes of thinking and situations that may skew the traditional rational choice theory . There are 15 chapters in total, and the following outline the main points. The Truth about Relativity In chapter 1, Ariely describes the ways in which people frequently regard their environment ... to irrational pricing. A value can be as easily arbitrarily assigned as by having a fancy ... experience we have we make irrational decisions every time we are under the influence of arousal. Furthermore ... 8, Ariely discusses how we overvalue what we have, and why we make irrational decisions about ... said Predictably Irrational is a far more revolutionary book than its unthreatening manner lets ... bias Rational choice theory Notes reflist 2 References Ariely, D 2008 . Predictably Irrational ... more details
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Orphan date February 2009 Unreferenced date December 2008 In theoretical physics , irrational conformal field theory is a conformal field theory that is not a rational conformal field theory . It means that the conformal weight s of its primary field s and the central charge are irrational number s which makes the theory harder to solve and understand. Category Conformal field theory phys stub ... more details
expert subject date July 2011 refimprove date July 2011 In topology , a branch of mathematics, irrational winding of a torus is a continuous injection of a line into a torus that is used to set up several counterexamples. ref cite book url http books.google.com books?id ILhUYVmvHt0C&pg PA45 title Compact Lie groups and their representations author D. P. Zhelobenko ref A related notion is Kronecker foliation . Definition Consider a torus math T 2 mathbb R 2 mathbb Z 2 math , and the corresponding quotient space projection math pi mathbb R 2 to T 2 math . The points of the torus correspond to translated points of a square lattice in math mathbb R 2 math that is math mathbb Z 2 math , and math pi math factors through a map that takes any point to a point in math 0, 1 2 math given by the fractional parts of the original point s standard coordinates. Now consider a line in math mathbb R 2 math given by the equation y kx . If k is rational number rational , then it can be represented by a fraction and a corresponding lattice point of math mathbb Z 2 math . It can be shown that then the projection of this line is a simple curve simple closed curve on a torus. If, however, k is irrational number irrational , then it will not cross any lattice points except 0, which means that its projection on the torus will not be a closed curve, and the restriction of math pi math on this line is injective mapping injective . Moreover, it can be shown that the image of this restricted projection as a subspace, called the irrational winding of a torus, is dense subspace dense in the torus. Applications Irrational winding of a torus is used to set up a few counter examples related to monomorphism s. It is an Submanifold Immersed submanifolds immersed submanifold but not a Submanifold Embedded submanifolds regular submanifold of the torus, which shows that the image of a manifold under a continuous ... of the torus, the irrational winding is not a manifold at all, because it is not locally homeomorphic ... more details
DISPLAYTITLE Proof that e is irrational E mathematical constant In mathematics , the Series mathematics series representation of Euler s number e mathematical constant e math e sum n 0 infty frac 1 n math can be used to prove that e is irrational number irrational . Of the many representations of e , this is the Taylor series for the exponential function nowrap e sup &thinsp y sup evaluated at y 1. Summary of the proof This is Joseph Fourier s reductio ad absurdum proof by contradiction . Initially e is assumed to be a rational number of the form a b . We then analyze a blown up difference x of the series representing e and its strictly smaller nowrap b sup &thinsp th sup partial sum, which approximates the limiting value e . By choosing the magnifying factor to be the factorial of b , the fraction a b and the nowrap b sup &thinsp th sup partial sum are turned into integers, hence x must be a positive integer. However, the fast convergence of the series representation implies that the magnified approximation error x is still strictly smaller than 1. From this contradiction we deduce that e is irrational. Proof Proof by contradiction Towards a contradiction , suppose that e is a rational number . Then there exist positive integers a and b such that e a b where clearly b 1. Define the number math x b , biggl e sum n 0 b frac 1 n biggr math To see that if e is rational, then x is an integer, substitute e a b into this definition to obtain math x b , biggl frac a b sum n 0 b frac 1 n biggr a b 1 sum n 0 b frac b n ,. math The first term is an integer, and every fraction in the sum is actually an integer because n b for each term. Therefore x is an integer. We now prove that nowrap 0 x 1 . First, to prove that x is strictly ... reached a contradiction, and so e must be irrational. Q.E.D. The above proof can be found in Proofs from THE BOOK , where the stronger result that e sup q sup is irrational for any non zero rational ... more details
DISPLAYTITLE Proof that pi is irrational Pi box The number pi pi has been studied since ancient times, and so has the concept of irrational number . An irrational number is any real number that cannot be expressed as a fraction a b , where a is an integer and b is a non zero integer. It was not until the 18th century that Johann Heinrich Lambert proved that is irrational. In the 19th century, Charles Hermite Hermite found a proof that requires no prerequisite knowledge beyond basic calculus . A simplification of Hermite s proof is due to Mary Cartwright . Two other such proofs are due to Ivan Niven and to Mikl s Laczkovich . In 1882, Ferdinand von Lindemann proved that is not just irrational, but Lindemann Weierstrass theorem Transcendence of e and transcendental as well . ref Cite doi 10.1007 978 3 642 14441 7 17 ref Lambert s proof File LambertContinuedFraction.JPG thumb right 400px ... Media Springer Verlag year 2004 edition 3rd pages 129&ndash 140 isbn 0 387 20571 3 ref that is irrational ... must be irrational. Since tan sup sup sub 4 sub 1, it follows that sup sup sub 4 sub is irrational and therefore that is irrational. A simplification of Lambert s proof is given Proof that is irrational Laczkovich.27s proof below . This result can also be proved using ... Sine, cosine, and tangent cosine function and it actually proves that sup 2 sup is irrational ... first Li title On Discovering and Proving that Pi is Irrational year 2010 periodical submitted url ... author link Ivan Niven year 1947 title A simple proof that is irrational periodical Bulletin of the American ... 16 is irrational and therefore is irrational. On the other hand, since math tan x frac sin x cos x ... x is irrational. As Laczkovich himself acknowledges, his proof is really about the hypergeometric ... in the first place. ref name Zhou1 See also Proof that e is irrational Proof that is transcendental References reflist DEFAULTSORT Proof That Is Irrational Category Pi Category Article proofs ... more details
NOTOC The following is a list of integral s antiderivative functions of irrational function s. For a complete list of integral functions, see lists of integrals . Throughout this article the constant of integration is omitted for brevity. Integrals involving math r sqrt x 2 a 2 math math int r dx frac 1 2 left x r a 2 , ln left x r right right math 1.1 Abramowitz & Stegun p13 3.3.41 verified by differentiation math int r 3 dx frac 1 4 xr 3 frac 3 8 a 2xr frac 3 8 a 4 ln left x r right math math int r 5 dx frac 1 6 xr 5 frac 5 24 a 2xr 3 frac 5 16 a 4xr frac 5 16 a 6 ln left x r right math math int x r dx frac r 3 3 math math int x r 3 dx frac r 5 5 math math int x r 2n 1 dx frac r 2n 3 2n 3 math math int x 2 r dx frac xr 3 4 frac a 2xr 8 frac a 4 8 ln left x r right math math int x 2 r 3 dx frac xr 5 6 frac a 2xr 3 24 frac a 4xr 16 frac a 6 16 ln left x r right math math int x 3 r dx frac r 5 5 frac a 2 r 3 3 math math int x 3 r 3 dx frac r 7 7 frac a 2r 5 5 math math int x 3 r 2n 1 dx frac r 2n 5 2n 5 frac a 2 r 2n 3 2n 3 math math int x 4 r dx frac x 3r 3 6 frac a 2xr 3 8 frac a 4xr 16 frac a 6 16 ln left x r right math math int x 4 r 3 dx frac x 3r 5 8 frac a 2xr 5 16 frac a 4xr 3 64 frac 3a 6xr 128 frac 3a 8 128 ln left x r right math math int x 5 r dx frac r 7 7 frac 2 a 2 r 5 5 frac a 4 r 3 3 math math int x 5 r 3 dx frac r 9 9 frac 2 a 2 r 7 7 frac a 4 r 5 5 math math int x 5 r 2n 1 dx frac r 2n 7 2n 7 frac 2a 2r 2n 5 2n 5 frac a 4 r 2n 3 2n 3 math math int frac r dx x r a ln left frac a r x right r a , operatorname arsinh frac a x math math int frac r 3 dx x frac r 3 3 a 2r a 3 ln left frac a r x right math math int frac r 5 dx x frac r 5 5 frac a 2r 3 3 a 4r a 5 ln left frac a r x right math math int frac r 7 dx x frac r 7 7 frac a 2r 5 5 frac a 4r 3 3 a 6r a 7 ln left frac a r x right math math int frac dx r operatorname arsinh frac x a ln left frac x r a right ... Integrals Irrational functions Category Mathematics related lists Integrals of irrational functions ... more details
In mathematics , the irrational base discrete weighted transform IBDWT is a variant of the fast Fourier transform using an irrational number irrational base it was developed by Richard Crandall Reed College , Barry Fagin Dartmouth College and Joshua Doenias NeXT NeXT Software in the early 1990s using Mathematica . The IBDWT is used in the Great Internet Mersenne Prime Search s Prime95 client to perform FFT multiplication . References Richard Crandall , Barry Fagin Discrete weighted transforms and large integer arithmetic , Mathematics of Computation 62, 205, 305 324, January 1994 http www.faginfamily.net barry Papers Discrete 20Weighted 20Transforms.pdf PDF file Richard Crandall Topics in Advanced Scientific Computation , TELOS Springer Verlag Category FFT algorithms Category Discrete transforms Mathanalysis stub ... more details
Irrational Man subtitled A Study In Existential Philosophy is an influential book by William Barrett philosopher William Barrett published in 1958 which served to introduce existentialism to the English speaking world. His writing style is conversational, and he takes time to define terms and give the reader background on philosophical terms and concepts, so this book is aimed at a general reader curious about the topic. The need for a native English speaker to write a text on existentialist philosophy was paramount for its understanding, since most of the primary philosophers in this movement were not native English speakers. While Kierkegaard s works had been translated several decades earlier, the full impact of existential philosophy had not yet been felt in the English speaking world when this book was produced. Being and Nothingness had been available in English for only a couple of years, Walter Kaufmann philosopher Kaufmann s Thus Spoke Zarathustra translation had been out only a few more, and Being and Time had not yet been translated into English. Organization of the book In the four parts of the book, Barrett explains in brief the philosophical tradition to which existentialism was a reaction, and then the main concepts of existential thought. Part one &ndash The Present Age This part shows the impact that existentialism has had on culture even without being a widely known philosophical school of thought. Part two &ndash Sources of Existentialism This part traces the development of philosophy and is a good overview of the subject as it pertains to being, ontology, and metaphysics. This serves to show the contrast between existentialist thought and other forms of philosophy. Part three &ndash The Existentialists The four main philosophical thinkers are introduced, along with their primary thoughts and terminology. Kierkegaard Nietzsche Heidegger Sartre The discussion of each philosopher serves as a road map for those seeking an entre into the primary works ... more details
IrrationalExuberance book IrrationalExuberance 2000 a New York Times bestseller warned that the stock ... in the Housing Market? . Shiller subsequently refined his position in the 2nd edition of IrrationalExuberance book IrrationalExuberance 2005 , acknowledging that further rises in the stock ... Real Price Index, Earnings, Dividends, and Interest Rates, from IrrationalExuberance book IrrationalExuberance , 2d ed. ref name IE2 cite book last Shiller first Robert title IrrationalExuberance book IrrationalExuberance 2d ed. year 2005 publisher Princeton University Press isbn 0 691 ... Risk in the 21st Century, by Robert J. Shiller, Princeton University Press 2003 , ISBN 0691091722. IrrationalExuberance book IrrationalExuberance , by Robert J Shiller, Princeton University Press 2000 ... 2006.png real price earnings ratio of the S&P Composite Stock Price Index as computed in IrrationalExuberance inflation adjusted price divided by the prior ten year mean of inflation adjusted earnings ... more details
The Friday the 13th mini crash refers to the stock market crash that occurred on Friday, October 13, 1989. The crash was apparently caused by a reaction to a news story of the break down of a 6.75 billion leveraged buyout deal for UAL Corporation , the parent company of United Airlines . When the UAL deal fell through, it helped trigger the collapse of the high yield debt junk bond market. The UAL deal unraveled because the Association of Flight Attendants pulled out of the deal when management, in negotiations over an Employee Stock Ownership Plan ESOP designed to fund the leveraged buyout, refused to agree to terms equivalent to those negotiated with other labor groups. ref cite book title Handbook of Airline Economics chapter Doing Battle Flight Attendant Labor Relations in 90s author Borer, David A. editor Darryl Jenkins ed. publisher Aviation Week Grp., Div. of McGraw Hill year 1995 isbn 0 07 607087 5 pages 563&ndash 566 ref The close Moments after the UAL deal fell through, the indices began their plunge. By the time the closing bell rang, the Dow Jones Industrial Average was down 190.58 points, or 6.91 percent, to 2,569.26. The NASDAQ Composite shed 14.90 points, or 3.09 percent, to 467.30, and the S&P 500 Index fell 21.74 points, or 6.12 percent, to 333.65. The Dow Jones Transportation Average fell 78.05 5.26 on the 13th, and fell another 102.04 7.26 on the October 16 16th for a total decline of 12.13 . The major indices had closed at all time highs as recently as Monday, October 9. Survey Many investors were left stunned. Since most market participants blame the UAL deal as the culprit, survey researcher William Feltus and Robert Shiller , the author of Irrational Exuberance book Irrational Exuberance , conducted a telephone survey of 101 market professionals in the business days following the crash asking if they had heard about the UAL news before or after the crash 36 surveyed said they heard about it before the losses set in, and 53 said afterwards. The ... more details
Multiple issues advert April 2011 unreferenced March 2010 orphan June 2010 Maddox Arts is a gallery of contemporary art founded in 2007. It is based behind Claridge s hotel in the West End of London , at 52 Brook s Mews. The gallery fosters some of the new and emerging artists both in the UK and internationally. It also promotes Latin American art including Argentinean collective, Mondongo and Venezuelan artist, Magdalena Fernandez. History Maddox Arts first opened in October 2007, with the group show Irrational Exuberance . The original owners were David Gonzalez and Juan Manuel Gonzalez Mantero, two financiers who originally found a space on Maddox Street, but later moved the gallery to a busier location on Brook s Mews. In 2008 the Gallery was sold to Mario Palencia who took control of Maddox Arts. The gallery maintained its location, name and identity which had already been established with some ambitious and varied shows from international artists. Maddox Arts not only exhibits International Contemporary Art, but also art from South and Central America. Maddox Arts Gallery has put on exhibitions curated by curators such as James Putnam. These include Viva Lolita in 2008 a show inspired by Vladimir Nabokov s iconic novel, Lolita , which brought together eighteen international contemporary artists such as Nobuyoshi Araki , Trevor Brown , Nick Ruston , Charlotte Beaudry , Nazif Topcuoglu and Young British Artist , Mat Collishaw . Gallery Artists Maddox Arts Gallery has worked with a variety of international contemporary and modern artists including Artists Anonymous , Jens Lucking, Stu Mead , Temsuyanger Longkumer and it currently represents Caroline Rothwell, Emi Miyashita, Vicente Grondona and Mondongo as well as Magdalena Fernandez, among many others. Citation needed date August 2011 External links http www.maddoxarts.com Maddox Arts Gallery official website coord 51 30 45 N 0 8 47 W type landmark region GB WSM display title Category Latin American art Category ... more details
Joseph E. Granville born August 20, 1923 , often called Joe Granville, is a financial writer ref Joseph E. Granville, Granville s New Strategy of Daily Stock Market Timing for Maximum Profit , Prentice Hall Prentice Hall, Inc. , 1976. ISBN 0 13 363432 9. ref and investment speaker. He popularized ref Larry Williams, letters to Technical Analysis of Stocks and Commodities magazine, V. 22 3 10 14 , March 2004 ref the use of on balance volume , a technique of technical analysis that attempts to predict future prices of stocks , commodity commodities , and other financial assets traded on financial markets for which historical price and volume information is available. Granville is probably best known for his bearish market calls during the 1970s, 1980s, and 1990s, when he claimed that the stock market was headed for imminent collapse. His overall track record, according to the Hulbert Financial Digest , is very poor. blockquote The Granville Market Letter is at the bottom of the Hulbert Financial Digest s rankings for performance over the past 25 years having produced average losses of more than 20 percent per year on an annualized basis. ref http www.marketwatch.com News Story Story.aspx?guid 7B6988BF9A 2D2ADD 2D48F4 2D85CD 2D8D2EC49EC3ED 7D&dist morenews¶m archive&siteid mktw&garden &minisite Mark Hulbert, Gambling on Granville , MarketWatch, March 16, 2005 ref blockquote Nevertheless Granville was known as a great showman ref Iain Jenkins, International Herald Tribune, June 11, 1994 http www.iht.com articles 1994 06 11 mrguru.php After Initial Splash, Newsletter Gurus Don t Seem to Last Long ref who would emerge from a coffin at an investment conference, or appear to walk across water at a swimming pool when meeting clients. According to Robert Shiller in his book Irrational Exuberance book Irrational Exuberance ref excerpt at http hir.harvard.edu articles print.php?article 1003 Harvard International Review , Robert Shiller Exuberant Reporting, Spring 2001. ref ... more details
Orphan date February 2009 Citation style date September 2009 Days on the Market Property DOMP is a measurement in days of how long that a home has been listed for sale to the public on the Multiple Listing Service MLS Multiple Listing Service . Although much lesser known than the phrase days on the market DOMM , DOMP is directly associated with DOMM, which is the acronym that home buyers are most familiar with. The days on the market statistic is of interest when a person is valuing real estate for the purpose of comparison. More days on the market than average may indicate a listing that was overpriced. The other use for this statistic is allowing prospective home sellers an idea of how long it may take to sell a property. The MLS is controlled by the real estate industry and has been the subject of many lawsuits . Housing bubble Prior to the historic housing bubble that formed in or around 2001 due to loose Credit finance credit and irrational exuberance , the term DOMP was practically a mystery to anyone other than real estate industry insiders. When the Housing Bubble began to rapidly deflate in late 2005, the inventory of homes for sale exploded, which caused both sales and prices to fall well below levels predicted by leading economists . These economists were frequently separated into varying levels of respect depending on their affiliation with the REIC, because the National Association of Realtors NAR economists were caught giving incorrect predictions about the state of the Real estate economics housing market despite what was actually happening in many U.S cities. cn date December 2011 Manipulating DOMP To prop up rapidly falling sales, Real estate broker real estate agents across the country began to rely on the process of manipulating the amount of days that homes had been on the market more than ever to attract buyers and maintain sales prices. There were great disparities concerning the practice in the various regional MLS s across the country. Some M ... more details
. A graphic fiction is in the works based on the most recent show, IrrationalExuberance. ref cite web title Irrational Exuberence url http www.robertyarber.com Irrational Exuberence.html work ... more details
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