Short answers, pulled from the story.
Anna Schwartz is best known for co-authoring A Monetary History of the United States, 1867-1960 with Milton Friedman, published in 1963. The book argued that Federal Reserve policy was primarily responsible for the Great Depression, and Robert J. Shiller has called it the "most influential account" of that event.
Anna Schwartz died on the 21st of June 2012 in her home in Manhattan, New York. She was 96 years old.
At an event held in honor of Schwartz and Milton Friedman, Ben Bernanke, speaking as a Federal Reserve official, said: "Regarding the Great Depression, you're right. We did it. We're very sorry. But thanks to you, we won't do it again." His statement appears as an appendix in later editions of A Monetary History of the United States.
Schwartz spent most of her career at the National Bureau of Economic Research in New York City, joining in 1941 and remaining there for the rest of her life. She also briefly worked for the U.S. Department of Agriculture and the Columbia University Social Science Research Council early in her career.
In an interview with Barron's in 2008, Schwartz argued that injecting liquidity into markets and responding with ad hoc programs were not the answer to the credit crisis. She also criticized Ben Bernanke's support for bailouts and persistently low interest rates.
Anna Schwartz wrote 9 books and published more than 100 academic articles or comments over her career. Her co-authored works with Milton Friedman included A Monetary History of the United States (1963), Monetary Statistics of the United States (1970), and Monetary Trends in the United States and the United Kingdom (1982).