Posted on 11/04/08
Greenspan critics: One voice stands out
OTTAWA -- Anna Schwartz, remarkable woman and revered economist, turns 93 on Monday. She graduated from Barnard College in New York in 1933, in the midst of the Great Depression, at age 18. She got a master's degree in economics from Columbia University at age 19. She went to work as an economist at age 20 (leaving her PhD until the 1960s). Five years into her career, Ms. Schwartz joined the National Bureau of Economic Research, the private, Cambridge, Mass.-based research organization that cites 16 winners of the Nobel Prize for Economics as associates - including her celebrated husband, free-market champion Milton Friedman. Ms. Schwartz still works in the bureau's New York offices where, almost seven decades later, she still puts in five full days a week and still studies the nature and causes of business cycles.
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