Friedrich von Wieser
- This article uses content from the Wikipedia article on Friedrich von Wieser (edition) under the terms of the CC-by-SA 3.0 license.
| Austrian School | |
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| Birth |
July 10, 1851 Vienna, Austria |
| Death |
July 22, 1926 (aged 75) Vienna, Austria |
| Nationality | Austrian |
| Alma mater |
University of Vienna (Dr. jur. 1872) |
| Influences |
Carl Menger Eugen von Böhm-Bawerk |
| Influenced |
Ludwig von Mises Friedrich Hayek Joseph Schumpeter |
Friedrich Freiherr von Wieser (July 10, 1851–July 22, 1926) was an early member of the Austrian School of economics. Born in Vienna, the son of Privy Councillor Leopold von Wieser, a high official in the war ministry —Freiherr is a title equivalent to baron, not a personal name—he first trained in sociology and law. In 1872, the year he took his degree, he encountered Austrian-school founder Carl Menger's Grundsätze and switched his interest to economic theory.[1] Wieser held posts at the universities of Vienna and Prague until succeeding Menger in Vienna in 1903, where, with brother-in-law Eugen von Böhm-Bawerk, he shaped the next generation of Austrian economists including Ludwig von Mises, Friedrich Hayek and Joseph Schumpeter in the late 1890s and early 1900s. He became Austrian finance minister in 1917.
[edit] Notes
- ↑ Joseph A. Schumpeter, Ten Great Economists From Marx to Keynes, 1951, Appendix 2, page 298, reprinted from The Economic Journal, vol. xxxvii, no. 146, June 1927.
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