Economist Anna Schwartz passed away on June 21st after a long illness. She was 96.
Schwartz was best known for her collaborations with Milton Friedman. In 1963, Schwartz and Friedman co-authored A Monetary History of the United States, 1867-1960. Schwartz and Friedman made the case the Great Depression was caused by the tight money policy of the Federal Reserve rather than the Stock Market Crash of 1929.
A case could be made that Schwartz should have shared in the Nobel Prize in Economics that was bestowed upon Friedman in 1976.
In July 2009, Schwartz wrote an op-ed for The New York Times in which she called upon President Obama not to re-appoint Ben Bernanke to another term as Chairman of the Federal Reserve.
Here is a list of Schwartz’s publications with the National Bureau of Economic Research.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?