... hypothesis, 60Efficient markets, 63 Emerging nations, 135 – 136 Enthusiasm, lunatic levels, 43 Entrepreneurial risk taking, 179Entrepreneurs, 10, 56, 187Equilibriums, 63, 169Equity, of banks, 34 , ... growthat risk, 93 keeping U.S. long rates low, 135 as master of vendor finance, 134 – 135 monetary policy, strategy for conducting, 135 pegging currency to the U.S. dol-lar, 130 social infrastructure ... Mort-gages)Fleckenstein, William, 72– 73 Forecasting, 46–47, 63 64, 196Foreclosures, 33 , 133 , 141, 211Foreign capital inflows, 206Free market capitalism record over the past 50 years, 186renewed...