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The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U.S. history we cover and it may well have been the most severe in the whole of U.S. history.

Anna Schwartz

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What we observe is not nature itself but nature exposed to our method of questioning. Our scientific work in physics consists in asking questions about nature in the language that we possess and trying to get an answer from experiment by the means that are at our disposal.
Werner Heisenberg

Anna Schwartz

Anna Schwartz
Creative Commons

Born: November 11, 1915
Died: June 21, 2012 (aged 96)
Bio: Anna Jacobson Schwartz was an American economist at the National Bureau of Economic Research in New York City, and according to Paul Krugman "one of the world's greatest monetary scholars".

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