Anna Schwartz RIP

Together with Milton Friedman, Anna Schwatz co-authored the monumental and extremely influential "A Monetary History of the United States."  From today's WSJ:

In an October 2008 interview with The Wall Street Journal—a month after the collapse of Lehman Brothers—Ms. Schwartz criticized policy makers' handling of the 2008 financial crisis. "They should not be recapitalizing firms that should be shut down," she said. "Firms that made wrong decisions should fail." . . .