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Something wrong?Friedrich von Wieser was an early economist of the Austrian School of economics. Born in Vienna, the son of Privy Councillor Leopold von Wieser, a high official in the war ministry, he first trained in sociology and law.
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Photos 5
The two most influential figures in Wieser's life were his friend and brother-in-law Eugen Böhm von Bawerk and his teacher Carl Menger
Monument at the University of Vienna
Der natürliche Werth, 1889
Wieser is remembered chiefly for the imputation theory, the alternative (or opportunity) cost theory and his monetary theoryAwards
In their orbit
About this person
Friedrich von Wieser was an early economist of the Austrian School of economics. Born in Vienna, the son of Privy Councillor Leopold von Wieser, a high official in the war ministry, 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. Wieser held posts at the universities of Vienna and Prague until succeeding Menger in Vienna in 1903, where along with his 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 20th century. He was the Austrian Minister of Commerce from August 30, 1917, to November 11, 1918.
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