Principles of Economics with Applications to Practical Problems | Bonus

Explore the innovative ideas of Frank Albert Fetter, a key figure in American economics who challenged traditional thinking. Fetter, often associated with the Austrian school yet identifying with the 'American Psychological School,' questioned the common distinction between land and capital. His arguments against concepts like the land value tax offer a fresh perspective on economic theory. This audiobook takes you through Fetter's belief that the price of consumer goods hinges on subjective value, paralleling his views on the determination of interest rates. Discover how Fetter's insights can reshape your understanding of economics and its practical applications in real-world scenarios. Whether you're a student of economics or a curious listener, this engaging exploration of Fetter's work reveals the complexities of value assessment and its implications for today's economic landscape.