📰 Source: youtube | misesmedia

✍️ Original author: misesmedia

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This week, Bob talks with professor Matt McCaffrey about a soon-to-be-published, never-before-seen manuscript by Frank A. Fetter, surveying the history of economic thought from Adam Smith to John Stuart Mill. Dr. McCaffrey explains what Fetter saw in Ricardo, the labor theory of value, and the classical economists on the eve of the marginalist revolution, and why this lost book is a rare window into a first-rate Austrian mind.

Related: • Frank Fetter, Capital, Interest, and Rent: Essays in the Theory of Distribution: https://mises.org/HAP564a

0:00 Intro: Fetter’s lost manuscript 1:21 Who was Frank Fetter? 6:33 Editing a hidden manuscript 11:10 Who it’s for 16:04 Against the Whig theory of history 21:44 Reviving forgotten economists 27:17 Fetter on Smith and Say 35:37 The theory of value and rent

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