Anna Jacobson Schwartz passed away on June 21, 2012, in New York City.
On June 21, 2012, Anna Jacobson Schwartz passed away in New York City at the age of 96. Her death marked the end of a prolific career spanning nearly eight decades during which she significantly influenced the field of monetary economics. Schwartz is remembered for her pioneering work alongside Milton Friedman, which reshaped the understanding of monetary policy and its effects on the economy. Her legacy endures in the form of numerous publications and the many economists she inspired. Her work continues to be a cornerstone in the study of economic theory, and her contributions have made enduring impacts on economic policymaking around the world.