Frank Albert Fetter (1863–1949) was the leading figure of the early Austrian School of economics in the United States. Born in rural Indiana, he earned a doctorate at the University of Halle in 1894 and taught at Cornell, Indiana, and Stanford before returning to Cornell (1901–1911) and finishing his career at Princeton (1911–1934). Building on Eugen von Böhm-Bawerk, he developed a pure time-preference theory of interest and a unified theory of value and distribution that purged economics of Ricardian rent and productivity-based interest theories.