Photo by Duke University; left Fetter; right John Bates Clark
Fetter, F. A (1863.3.8-1949.3)

Birthplace Peru. IN, USA.
Posts Held Prof., Indiana Univ., 1895-8, Stanford Univ., 1898-1901, Cornell Univ., 1901-11, Princeton Univ., 1911-33.
Degrees BA Indiana Univ., 1891; MPhil Cornell Univ., 1892; PhD Univ. Halle, Germany, 1894.
Offices and Honours Council Member, Amer. Philo. Soc., Pres., AEA, 1912; Karl Menger Medal, Austrian Econ. Soc., 1927.
Publications Books: 1. The Principles of Economics with Applications to Practical Problems (1904); 2. Economic Principles, (1915); 3. Modern Economic Problems, (1917); 4. Capital, Interest, and Rent. Essays in the Theory of Distribution, ed. M. N. Rothbard (1977)
Career His interest in bringing economics into line with new trends in psychology led him to concentrate on theories of value. His work on value theory in turn brought him into friendly contact with Bhm-Bawerk and Wieser, whilst his distaste for the preservation of 'outdated' theory made him an opponent of Marshall. Welfare economics was a major concern and he frequently applied economic theory to public questions; for instance, in 1923-4 he was a member of a group which placed evidence before the Federal Trade Commission on pricing practices in the steel industry. The concept of 'psychic income', taken up by Irving Fisher, was one of his best known contributions.
Secondary Literature S. E. Howard and E. W. Kemmerer, `Frank Albert Fetter. A birthday note', American Economic Review, 33 (1), March 1943.



Recent Discussion of the Capital Concept (socsci.mcmaster.ca) Quarterly Journal of Economics, 1900
Recent Discussion of the Capital Concept (ecn.bris.ac.uk) Quarterly Journal of Economics, 1900
Recent Discussion of the Capital Concept (unimelb.edu.au) Quarterly Journal of Economics, 1900
Is "Utility" the Most Suitable Term for the Concept It is Used to Denote? (socsci.mcmaster.ca) American Economic Review, volume 8, 1918
Is "Utility" the Most Suitable Term for the Concept It is Used to Denote? (ecn.bris.ac.uk) American Economic Review, volume 8, 1918
Is "Utility" the Most Suitable Term for the Concept It is Used to Denote? (unimelb.edu.au) American Economic Review, volume 8, 1918


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