... Institute of Bard College, New York,June 2006.. The Minskyan System, Part II: Dynamics of the Minskyan Analy-sis and the Financial Fragility Hypothesis.” Working Paper no. 4 53, LevyInstitute of ... cycles of the 1960s and 1970s, 16–18boom without excesses, 77and Chinese, 59 of free market economies, 1 63 in free market economy, 8increasing risk leading to, 53 54and investment, 7–8 of the ... 195Efficient market hypothesis, 60Efficient markets, 63 Emerging nations, 135 – 136 Enthusiasm, lunatic levels, 43 Entrepreneurial risk taking, 179Entrepreneurs, 10, 56, 187Equilibriums, 63, 169Equity,...