We must distinguish between the long-run and short-run effec... - Anna Schwartz

"We must distinguish between the long-run and short-run effects of monetary expansion."

Anna Schwartz Wisdom

Economist Historian American 1914–2012

More from Anna Schwartz

"The only way to do great work is to love what you do."

"Life is what happens when you're busy making other plans."

"The future belongs to those who believe in the beauty of their dreams."

"It is during our darkest moments that we must focus to see the light."

"I'm not angry, I'm just disappointed."

"The best things in life are free."

"You can't have everything in life, but you can have what matters most."

"A woman's intuition is rarely wrong."