Frank A. (Frank Albert) Fetter

author

Frank A. (Frank Albert) Fetter

1863–1949

A leading American economist of the early 20th century, this clear and independent thinker helped bring Austrian ideas about value, rent, and interest to a wider audience. His writing blends theory with practical questions in a way that still feels lively and direct.

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About the author

Born in Peru, Indiana, on March 8, 1863, Frank Albert Fetter became one of the early pioneers of academic economics in the United States. After studying at Indiana University and Cornell, he continued his education in Germany before building a long teaching career that included posts at Indiana University, Stanford, Cornell, and Princeton.

Fetter is best remembered for his work in price theory and distribution, especially his ideas about value, capital, rent, and interest. He was closely associated with the Austrian School of economics, and his book The Principles of Economics helped introduce many English-speaking readers to that tradition while also showing his own distinctive approach.

He died in Princeton, New Jersey, on March 21, 1949. Today he is often valued both as a major economist in his own right and as a writer who could make difficult economic ideas feel organized, concrete, and readable.