Monetary policy works with long and variable lags that make ... - Anna Schwartz

"Monetary policy works with long and variable lags that make fine-tuning the economy nearly impossible."

Anna Schwartz

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."