Capital, Interest, and Rent Book Reviews

Capital, Interest, and Rent by Frank Fetter Book Summary

Frank Fetter of Princeton University was one of the great American Austrians, and perhaps the most lucid defender of the "pure time preference" theory of interest in the history of economic ideas.
Rothbard read him and was impressed, then collected his best work into a single volume, Capital, Interest, and Rent. It functions well as a reader on the Austrian theory of capital and interest. If we are tempted to think of the Austrian perspective as a tiny minority within the profession, this volume shows that the situation has always been more complex. Fetter was not an Austrian from beginning to end, but on this topic no one wrote with more conviction and explanatory power.
In the introduction, Rothbard writes of Fetter, "I was struck by the brilliance and consistency of his integrated theory of distribution and by the neglect of Fetter in current histories of economic thought, even by those that are Austrian oriented." The English is beautiful, and the logic is rigorous. But most important of all, Fetter again has a voice.

👋 Do you love Capital, Interest, and Rent books? Please share your friends!

Capital, Interest, and Rent (Frank Fetter) Book Reviews 2024

Frank Fetter - Capital, Interest, and Rent Discussions & Comments

Have you read this book yet? What do you think about Capital, Interest, and Rent by Frank Fetter book? Ask the bookpedia.co community a question about Capital, Interest, and Rent!