Anna Schwartz co-author with Milton Friedman of A monetary history of the United States dies at 96

One of the great economists of the past century Anna Schwartz(Jacobson) author of many influential books and studies has passed away after a long and enriching life at 96. Along with Milton Friedman she wrote the monumental study A monetary history of the United States, 1867-1960  published in 1963 which had enormous influence over generations of monetarist leaning economists and  helped Friedman win  the Nobel prize which many say  should have been shared with her. It is a substantial work loaded with statistical analysis, economic history and monetary policy insights. For Keynesians it is a controversial work but there is no doubt it is a major achievement of scholarship even if one questions some of its assertions and conclusions. I once at a conference at McGill had the pleasure of listening to Dr.Schwartz in person and she was a formidable analyst. My condolences to her family and friends.


About haroldchorneyeconomist

I am Professor of political economy at Concordia university in Montréal, Québec, Canada. I received my B.A.Hons (econ.&poli sci) from the University of Manitoba. I also completed my M.A. degree in economics there. Went on to spend two years at the London School of Economics as a Ph.D. student in economics and then completed my Ph.D. in political economy at the University of Toronto. Was named a John W.Dafoe fellow, a CMHC fellow and a Canada Council fellow. I also was named a Woodrow Wilson fellow in 1968 after completing my first class honours undergraduate degree. Worked as an economist in the area of education, labour economics and as the senior economist with the Manitoba Housing and Renewal Corporation for the Government of Manitoba from 1972 to 1978. I also have worked as an economic consultant for MDT socio-economic consultants and have been consulted on urban planning, health policy, linguistic duality and public sector finance questions by the governments of Manitoba, Saskatchewan,the cities of Regina and Saskatoon, Ontario and the Federal government of Canada. I have also been consulted by senior leaders of the British Labour party, MPs from the Progressive Conservative party, the Liberal party and the New Democrats on economic policy questions. Members of the Government of France under the Presidency of Francois Mitterand discussed my work on public sector deficits. I have also run for elected office at the municipal level. I first began to write about quantitative easing as a useful policy option during the early 1980s.
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