The Principles of Economics with Applications to Practical Problems

Frank Albert FETTER (1863 - 1949)


Frank Albert Fetter was an American economist of the Austrian school, but referred to himself as a member of the “American Psychological School” instead. Fetter contested the position that land is theoretically distinct from capital, arguing that such a distinction was impractical. His stand on this issue led him to oppose ideas like the land value tax.

Fetter also asserted that just as the price of each consumer good is determined solely by subjective value, so the rate of interest is determined solely by time preference. He maintained that time valuation was prerequisite to the determination of the market rate of interest, and he emphasized the time valuation element in all consumption and production choices. Fetter taught at Cornell University, Indiana University, and Stanford University. He was the first chairman of Princeton University's Department of Economics and Social Institutions, an interdisciplinary department that incorporated history, politics, and economics. (Summary by Wikipedia)

Genre(s): Business & Economics

Language: English

Section Chapter Reader Time
Play 00 Preface April Gonzales
00:07:33
Play 01 Chapter 1 - The Nature and Purpose of Political Economy Mark Mickelson
00:13:54
Play 02 Chapter 2 - Economic Motives Richard Jackson
00:13:24
Play 03 Chapter 3 - Wealth and Welfare Mark Mickelson
00:13:54
Play 04 Chapter 4 - The Nature of Demand Ron Lockhart
00:22:07
Play 05 Chapter 5 - Exchange in a Market Ron Lockhart
00:21:56
Play 06 Chapter 6 - Psychic Income Ron Lockhart
00:19:27
Play 07 Chapter 7 - Wealth and Its Direct Uses Marian Cervassi
00:17:12
Play 08 Chapter 8 - The Renting Contract Marian Cervassi
00:19:44
Play 09 Chapter 9 - The Law of Diminishing Returns Ron Lockhart
00:29:38
Play 10 Chapter 10 - The Theory of Rent Veronica Schlette
00:14:26
Play 11 Chapter 11 - Repair, Depreciation, and Destruction of Wealth Word And Mouth
00:22:32
Play 12 Chapter 12 - Increase of Rent-Bearers and of Rents Ron Lockhart
00:20:47
Play 13 Chapter 13 - Money as a Tool in Exchange shana
00:24:13
Play 14 Chapter 14 - The Money Economy and the Concept of Capital Marian Cervassi
00:24:19
Play 15 Chapter 15 - The Capitalization of All Forms of Rent Marian Cervassi
00:34:49
Play 16 Chapter 16 - Interest on Money Loans shana
00:25:23
Play 17 Chapter 17 - The Theory of Time-Value shana
00:27:39
Play 18 Chapter 18 - Relatively Fixed and Relatively Increasable Forms of Capital PDyer
00:15:49
Play 19 Chapter 19 - Saving and Production as Affected by the Rate of Interest PDyer
00:20:37
Play 20 Chapter 20 - Labor and Classes of Laborers shana
00:28:02
Play 21 Chapter 21 - The Supply of Labor Marian Cervassi
00:29:30
Play 22 Chapter 22 - Conditions for Efficient Labor Bigcowfeet
00:21:03
Play 23 Chapter 23 - The Law of Wages Andrew Nelson
00:23:25
Play 24 Chapter 24 - The Relation of Labor to Value Mark Mickelson
00:26:17
Play 25 Chapter 25 - The Wage System and Its Results shana
00:23:47
Play 26 Chapter 26 - Machinery and Labor PDyer
00:18:04
Play 27 Chapter 27 - Trade-Unions Bigcowfeet
00:24:37
Play 28 Chapter 28 - Production and the Combination of the Factors Olenka
00:16:49
Play 29 Chapter 29 - Business Organization and the Enterpriser's Function Marian Cervassi
00:20:40
Play 30 Chapter 30 - Cost of Production I M CLIFFORD
00:18:29
Play 31 Chapter 31 - The Law of Profits Marian Cervassi
00:26:06
Play 32 Chapter 32 - Profit-Sharing, Producers' and Consumers' Cooperation Marian Cervassi
00:23:31
Play 33 Chapter 33 - Monopoly Profits I M CLIFFORD
00:22:12
Play 34 Chapter 34 - Growth of Trusts and Combinations in the United States Richard Jackson
00:27:37
Play 35 Chapter 35 - Effect of Trusts on Prices Marian Cervassi
00:25:07
Play 36 Chapter 36 - Gambling, Speculation, and Promoters' Profits bala
00:29:23
Play 37 Chapter 37 - Crises and Industrial Depressions amaskill
00:23:34
Play 38 Chapter 38 - Private Property and Inheritance Marian Cervassi
00:27:37
Play 39 Chapter 39 - Income and Social Service Marian Cervassi
00:28:43
Play 40 Chapter 40 - Waste and Luxury Shawn Bayern
00:21:14
Play 41 Chapter 41 - Reaction of Consumption on Production Bigcowfeet
00:20:40
Play 42 Chapter 42 - Distribution of the Social Income Shawn Bayern
00:21:30
Play 43 Chapter 43 - Survey of the Theory of Value Mark Mickelson
00:23:47
Play 44 Chapter 44 - Free Competition and State Action Mark Mickelson
00:19:35
Play 45 Chapter 45 - Use, Coinage, and Value of Money Mark Mickelson
00:27:40
Play 46 Chapter 46 - Token Coinage and Government Paper Money PDyer
00:19:11
Play 47 Chapter 47 - The Standard of Deferred Payments Chiquito Crasto
00:19:11
Play 48 Chapter 48 - Banking and Credit Chiquito Crasto
00:17:05
Play 49 Chapter 49 - Taxation in its Relation to Value Chiquito Crasto
00:18:03
Play 50 Chapter 50 - The General Theory of International Trade Chiquito Crasto
00:21:04
Play 51 Chapter 51 - The Protective Tariff Chiquito Crasto
00:26:03
Play 52 Chapter 52 - Other Protective Social and Labor Legislation Chiquito Crasto
00:19:13
Play 53 Chapter 53 - Public Ownership of Industry Marian Cervassi
00:27:23
Play 54 Chapter 54 - Railroads and Industry Marian Cervassi
00:22:43
Play 55 Chapter 55 - The Public Nature of Railroads Marian Cervassi
00:26:04
Play 56 Chapter 56 - Public Policy as to Control of Industry shana
00:27:29
Play 57 Chapter 57 - Future Trend of Values Andrew White
00:20:59