“The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history.”

"The Great Contraction, 1929-1933" (1963), with Milton Friedman
A Monetary History of the United States (1963)

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Anna Schwartz 1
American economist 1915–2012

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