Economic Principles

by Frank A. Fetter

Economic Principles is a comprehensive book written by Frank Albert Fetter in 1915. The book is an in-depth analysis of the fundamental principles of economics, providing a detailed examination of the economic theories and concepts that form the basis of modern economics. Fetter's writing is clear and concise, making it accessible to both students and professionals in the field. The book covers a wide range of topics, including the theory of value, production, distribution, exchange, and consumption. Fetter also delves into the role of government in the economy, discussing topics such as taxation, public goods, and market regulation. The book is a valuable resource for anyone seeking a comprehensive understanding of economic principles and their application in the real world. Despite its age, many of the concepts and theories presented in Economic Principles remain relevant and applicable to modern economic analysis.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

Genres: Economics

534 pages, Hardcover

First published March 19, 2010

About the author

Frank Albert Fetter was an American economist. He was accepted to the Indiana University in 1879 , only sixteen years of age. He was on the point of graduating in 1883 when he left the university to run the bookstore of his parents because of health problems of his father. Eight years later he returned and completed his B.A. in 1891.
In 1892, he became a fellow at Cornell University, President White School of History and Political Science and he earned his Master of Philosophy degree. He then went on to study at the Sorbonne in Paris, France and he earned his Ph.D. in 1894 from the University of Halle, Germany.
He teached at Cornell for a while, the accepted a position as a professor at Indiana University. In 1898 he left for Stanford University, where he resigned after three years over a dispute regarding academic freedom. Fetter went back to Cornell, and stayed there for ten years. In 1911, he became the chairman of Princeton University's Department of Economics and Social institutions.
In 1909, he was awarded an honorary LL.D. from Colgate University. In 1913 he was became president of the American Economic Association. Other honorary doctoral degrees were given to him by Occidental College in 1930 and Indiana University in 1934. In 1927, he received the Karl Menger Medal by the Austrian Economic Society.

Reviews

[Marc A · Rating 4 out of 5]

The first edition of Frank A Fetter's "Economic Principles" was published in 1915. It wasn't intended to be an introductory text, as it was directed toward professional economists and advanced students, so it is not an easy read. A prospective reader should have some familiarity with economics, business and finance. Since the book was written over 100 years ago, the language is obviously somewhat dated (although not as bad as other books I have read from that period), and some of the terminology used is different today. As the title suggests, the book deals mainly with principles and concepts which are occasionally illustrated with real world examples. Fetter's "Economic Principles" is a challenging read, and if you are new to economics you would be better off with a more basic text.