Frank Fetter

Frank Albert Fetter
Born(1863-03-08)March 8, 1863
Peru, Indiana, U.S.
DiedMarch 21, 1949(1949-03-21) (aged 86)
Princeton, New Jersey, U.S.[1]
Academic career
FieldEconomics, history, political economy, distribution theory, imputation
School or
tradition		Austrian School
InfluencesMenger · Jevons · Wieser · Böhm-Bawerk · Henry George · John Bates Clark
Signature

Frank Albert Fetter (/ˈfɛtər/; 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...."[2] 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.[3]

  1. ^ "Frank Albert Fetter | American economist | Britannica". www.britannica.com.
  2. ^ Cite error: The named reference Blaug was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference Rothbard was invoked but never defined (see the help page).