Born: 11 November 1915, United States
Died: 21 June 2012
Country most active: United States
Also known as: Anna Jacobson
The following bio was written by Emma Rosen, author of On This Day She Made History: 366 Days With Women Who Shaped the World and This Day In Human Ingenuity & Discovery: 366 Days of Scientific Milestones with Women in the Spotlight, and has been republished with permission.
Anna Jacobson Schwartz was an accomplished American economist known for her significant contributions to the National Bureau of Economic Research in New York City and as a writer for The New York Times. Regarded as a leading authority in monetary studies, Paul Krugman often referred to her as one of the world’s foremost financial scholars.
In collaboration with Nobel laureate Milton Friedman, Schwartz co-authored “A Monetary History of the United States, 1867–1960,” published in 1963. This influential work identified the Federal Reserve System as the cause of the Great Depression, gaining widespread recognition. Renowned economist Robert J. Shiller recognizes it as the most compelling account of the Great Depression, emphasizing its enduring impact.
Beyond her scholarly pursuits, Schwartz was president of the Western Economic Association International in 1988, showcasing her leadership in the economic community. In 2013, she was posthumously inducted into the National Women’s Hall of Fame, a fitting tribute to her lasting impact on the field.
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