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Anna Jacobson Schwartz (pronounced / ʃ w ɔːr t s / SHWORTS; November 11, 1915 – June 21, 2012) was an American economist who worked at the National Bureau of Economic Research in New York City and a writer for The New York Times. Paul Krugman has said that Schwartz is "one of the world's greatest monetary scholars." [1]
A Monetary History of the United States, 1867–1960 is a book written in 1963 by future Nobel Prize-winning economist Milton Friedman and Anna Schwartz.It uses historical time series and economic analysis to argue the then-novel proposition that changes in the money supply profoundly influenced the United States economy, especially the behavior of economic fluctuations.
Milton Friedman and Anna Schwartz stated that the Fed pursued an erroneously restrictive monetary policy, exacerbating the Great Depression. After the stock market crash in 1929, the Fed continued its contraction (decrease) of the money supply and refused to save banks that were struggling with bank runs. This mistake, critics charge, allowed ...
He co-authored, with Anna Schwartz, A Monetary History of the United States, 1867–1960 (1963), which was an examination of the role of the money supply and economic activity in the U.S. history. [105] Friedman was the main proponent of the monetarist school of economics.
Anna Schwartz, economist who published A Monetary History of the United States, 1867–1960 (1963), which laid a large portion of the blame for the Great Depression at the door of the Federal Reserve System. [32] President of the Western Economic Association International (1988) [33] Arthur Seldon, [34] economist; Herbert A. Simon, Nobel Prize ...
Anna Schwartz, published A Monetary History of the United States, 1867–1960 (1963), which laid a large portion of the blame for the Great Depression at the door of the Federal Reserve System. [19] President of the Western Economic Association International (1988) [20] Herbert A. Simon, Nobel Prize (1978) Robert Solow, Nobel Prize (1987)
The HuffPost/Chronicle analysis found that subsidization rates tend to be highest at colleges where ticket sales and other revenue is the lowest — meaning that students who have the least interest in their college’s sports teams are often required to pay the most to support them.
Harvard University economist Richard N. Cooper described the book as unbiased and evenhanded in its analysis. [4] Anna J. Schwartz, a renowned Chicago school economist, praises the book's insightful analysis, but critiques it for not providing an overall assessment of the IMF's broader role. [5]