Épisodes

  • 037 - Chapter 36 - Gambling Speculation and Promoters' Profits
    Mar 2 2026
    Frank Albert Fetter was a groundbreaking American economist closely associated with the Austrian school, though he preferred the label of the American Psychological School. He boldly challenged the traditional separation of land and capital, arguing that such distinctions were impractical and led him to oppose ideas like the land value tax. Fetter believed that just as consumer goods prices are shaped by subjective value, the interest rate is influenced by time preference. He underscored the importance of understanding time valuation in determining the market rate of interest, which plays a crucial role in both consumption and production choices. An alumnus of prestigious institutions such as Cornell, Indiana, and Stanford, Fetter also made his mark as the first chairman of Princeton Universitys Department of Economics and Social Institutions—an innovative program that integrated history, politics, and economics. (Summary by Wikipedia)
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    29 min
  • 036 - Chapter 35 - Effect of Trusts on Prices
    Mar 1 2026
    Frank Albert Fetter was a groundbreaking American economist closely associated with the Austrian school, though he preferred the label of the American Psychological School. He boldly challenged the traditional separation of land and capital, arguing that such distinctions were impractical and led him to oppose ideas like the land value tax. Fetter believed that just as consumer goods prices are shaped by subjective value, the interest rate is influenced by time preference. He underscored the importance of understanding time valuation in determining the market rate of interest, which plays a crucial role in both consumption and production choices. An alumnus of prestigious institutions such as Cornell, Indiana, and Stanford, Fetter also made his mark as the first chairman of Princeton Universitys Department of Economics and Social Institutions—an innovative program that integrated history, politics, and economics. (Summary by Wikipedia)
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    25 min
  • 035 - Chapter 34 - Growth of Trusts and Combinations in the United States
    Feb 28 2026
    Frank Albert Fetter was a groundbreaking American economist closely associated with the Austrian school, though he preferred the label of the American Psychological School. He boldly challenged the traditional separation of land and capital, arguing that such distinctions were impractical and led him to oppose ideas like the land value tax. Fetter believed that just as consumer goods prices are shaped by subjective value, the interest rate is influenced by time preference. He underscored the importance of understanding time valuation in determining the market rate of interest, which plays a crucial role in both consumption and production choices. An alumnus of prestigious institutions such as Cornell, Indiana, and Stanford, Fetter also made his mark as the first chairman of Princeton Universitys Department of Economics and Social Institutions—an innovative program that integrated history, politics, and economics. (Summary by Wikipedia)
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    28 min
  • 034 - Chapter 33 - Monopoly Profits
    Feb 27 2026
    Frank Albert Fetter was a groundbreaking American economist closely associated with the Austrian school, though he preferred the label of the American Psychological School. He boldly challenged the traditional separation of land and capital, arguing that such distinctions were impractical and led him to oppose ideas like the land value tax. Fetter believed that just as consumer goods prices are shaped by subjective value, the interest rate is influenced by time preference. He underscored the importance of understanding time valuation in determining the market rate of interest, which plays a crucial role in both consumption and production choices. An alumnus of prestigious institutions such as Cornell, Indiana, and Stanford, Fetter also made his mark as the first chairman of Princeton Universitys Department of Economics and Social Institutions—an innovative program that integrated history, politics, and economics. (Summary by Wikipedia)
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    22 min