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Mon 10 Oct 2008Will we ever learn from our mistakes?
BANKING CRISIS:Economist and longtime collaborator with Milton Friedman, Annie J Schwartz argues that Federal intervention in the markets - from the Great Crash to today - is both dangerous and anti-capitalism
ON THE occasion of the 90th birthday of the Nobel-prize-winning economist Milton Friedman - celebrated at a symposium at the University of Chicago, in November 2002 - Ben S Bernanke, then governor of the US Federal Reserve Board, lauded Friedman and his longtime collaborator, Anna J Schwartz, for their seminal work, A Monetary History of the United States 1867-1960.
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