Frank A. (Frank Albert) Fetter

Born in 1863 in Peru, Indiana, Frank A. Fetter became one of the best-known American economists of his generation. He studied at Indiana University and later earned a doctorate from the University of Halle in Germany, building a career that connected American scholarship with important European economic ideas.

Fetter taught at several major universities, including Cornell, Stanford, and Princeton. He is especially remembered for The Principles of Economics and for his clear, influential work on value, rent, capital, and interest.

Often linked with the Austrian School, he argued for a strongly subjective approach to economics, emphasizing how individual judgments shape prices and economic outcomes. Even today, he remains a notable figure in the history of economic thought.