Anna J. Schwartz

Born in New York, US, 1915. Anna Jacobson Schwartz obtained her PhD from Columbia University in 1964. Along her career, she worked at the National Bureau of Economic Research and was also president of the Western Economic Association International.

She is considered one of the world's greatest monetary economists. Her study areas include the effects of money in the economy, inflation, business cycles and a thorough focus on economic history to draw valuable lessons for the present.

Her most inluential work is the book "A Monetary History of the United States, 1867-1960", co-authored with Milton Friedman, which examines the role of monetary policy in the economy and business cycles, and emphasized its effects relating to the Great Depression. Up to this day the book continues to be one of the most prominent references regarding the examination of the events that led to the Great Depression.

Her work consitutes one fundamental pillar of monetarist thought, and her contributions to monetary policy, business cycle and economic history are invaluable and some of the most influential in the field.

She sadly passed away in 2012 in her home at New York.