Anna Schwartz’s scholarship and work with Milton Friedman were essential to the development of monetarism, which in turn prescribes the policies by which Reagan and Thatcher conquered inflation in the 1980s and which remain the foundation for the operation of the Fed and other central banks. Quite literally, Anna Schwartz’s work strengthened the US and world economies and enhanced the value of the dollars in your wallet and the worth of your labor. Were Andrew Hamilton able to weigh in, I think that he would endorse Ana Schwartz for the honor of her portrait on the twenty dollar bill.
The contributions of Milton Freeman himself are not sufficiently (or at least not recognized as such) significant to deserve incorporation onto our currency.
Were Andrew Hamilton able to weigh in, I think that he would endorse Ana Schwartz for the honor of her portrait on the twenty dollar bill.
Perhaps, but i'm not entirely impressed with Hamilton's inclusion on the currency. Yeah, he established a Bank. Yeah he had great influence on early monetary policy.
Would things have been significantly different had he never done any of these things? Maybe, but things may have turned out possibly for the better.
In any case, Anna Schwartz has not been prominent enough in History for most people to notice, and absent that, few can appreciate her contributions to the nation.
But I imagine she's still better than Eleanor or Tubman.