Portrait of Frank A. Fetter
Photo: Original uploader was DickClarkMises at en.wikipedia · CC BY-SA 3.0 · Wikimedia Commons

Author

Frank A. Fetter

American economist (1863-1949)

Born
March 8, 1863, Peru
Died
March 21, 1949, Princeton
Nationality
United States
Occupation
Economist, university teacher and writer

Life and work

Frank Albert Fetter (March 8, 1863 – March 21, 1949) was an American economist of the Austrian School. Fetter's treatise, The Principles of Economics, contributed to an increased American interest in the Austrian School, including the theories of Eugen von Böhm-Bawerk, Friedrich von Wieser, and Ludwig von Mises.

Fetter notably debated Alfred Marshall, presenting a theoretical reassessment of land as capital. Fetter's arguments have been credited with prompting mainstream economists to abandon the Georgist idea "that land is a unique factor of production and hence that there is any special need for a special theory of ground rent...." A proponent of the subjective theory of value, Fetter emphasized the importance of time preference and rebuffed Irving Fisher for abandoning the pure time preference theory of interest that Fisher had earlier espoused in his 1907 book, The Rate of Interest.

Text: “Frank Fetter”, from Wikipedia, the free encyclopedia, under the license CC BY-SA 4.0. Dates and facts: Wikidata.

Collection

Books by Frank A. Fetter

1 book