If I have seen farther than others, it is because I was standing on the shoulders of giants.
Thursday, March 27, 2008
Irrational Exuberance
The term "new economy" has become, beginning in 2000, a fad in itself.
It appears suddenly as a new name for our hopes and for economic progress due to recent technological advances, notably the Internet, and for our reasons to think that the future growth prospects are ever so brilliant.
~~ Robert Shiller, 2001
It appears suddenly as a new name for our hopes and for economic progress due to recent technological advances, notably the Internet, and for our reasons to think that the future growth prospects are ever so brilliant.
~~ Robert Shiller, 2001
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