https://youtu.be/09_V4LajaLA Marginal Revolution University (MRU) has put out an excellent video on the late Anna J. Schwartz, one of the first really successful female economists. I started to write down some reminiscences, but realized that I did so in 2012 when she died. I'll mention one thing and then hit some highlights in this 8-minute video. One of my upsets is hearing people refer to Milton Friedman's book A Monetary History of the United States, 1867-1960, rather than...
As a knitter, I was fascinated by the discussion of recycled sweaters and recycled yarn in last week’s Econtalk. Russ Roberts and Adam Minter have a brief exchange about how to recycle wool sweaters. Russ posits that, “It's easy. You just take an end and...
Although I never really met Anna Schwartz - having seen her a few times only at a distance at a couple of conferences - I nevertheless have Anna Schwartz story.
About ten years ago - two or three years before Anna Schwartz died - I was a patient of a podiatrist in Manhattan. As the MD was examining me, we got to chatting. Turns out that he was an undergrad econ major at Northwestern, and upon learning that I teach economics, he wanted to talk some economics (which I'm always happy to do).
At one point he asked if I'd ever heard of one of his patients - Anna Schwartz. "Of course I have!" I replied. "I'm not a specialist in her branch of economics, but I've read some of her writings and respect her very much - as do my monetary-economics friends."
The MD replied that she's a lovely lady, but that she can get feisty. "Just a few days ago, when I was examining her feet, I asked her what she thought of Paul Krugman," the MD told me. He then paused and looked up at me. "Never again will I mention Krugman to her when her foot is within kicking distance of my face. She's strong!"