Friedrich von Wieser

Friedrich Freiherr von Wieser ( since 1919 only Wieser; * July 10, 1851 in Vienna, † July 22, 1926 in St. Gilgen, Province of Salzburg ) was an Austrian economist (main representative of the neoclassical theory of marginal utility ) and sociologist. With Carl Menger and Eugen von Böhm- Bawerk, he is considered the founder of the Austrian school of economics.

Life

Friedrich Wieser in 1851 as the son of the official and financial expert Leopold Wieser ( 1819-1902 ) was born. Leopold Wieser was Councilor in k.u.k. Ministry of War and most recently served as Section Chief of the Common Court of Auditors, the audit authority for common foreign policy and defense for each region of Austria-Hungary. As an art lover, he founded the Society for the Promotion of Fine Arts. Leopold Wieser was awarded by Emperor Franz Joseph I, entitled Privy Councillor in 1858 ennobled on account of his merits and raised in 1889 in the hereditary baron. Of his children beside Friedrich von Wieser is also the artist Hyacinth von Wieser (1848-1877) is important. The noble title of the Wieser family were abolished with the nobility repeal Act of 3 April 1919.

Friedrich von Wieser began after his graduation at the Vienna Schottengymnasium 1868 at the University of Vienna to study law. After reading Herbert Spencer's Introduction to the Study of Sociology he was interested also in economics. 1875 Wieser received a traveling scholarship which took him to the Ruprecht -Karls- University of Heidelberg for two semesters for economists Karl Knies. Two more semesters he was enrolled at the University of Leipzig Wilhelm Roscher and Bruno Hildebrand at the University of Jena.

After his juridical doctorate he habilitated in 1884 at the University of Vienna with the work about the origin and the main laws of wirth economic Werthes. In the same year he was appointed as associate professor at the since 1882, separate from the Czech higher education German University in Prague.

In 1889 was appointed full professor, he was a 1901/1902 President of the University. In Prague seemed the natural value, a work in Wieser described the economy as after exactly be formulated laws fully migratory cycle.

1903 was followed by Friedrich von Wieser, the reputation of the University of Vienna. His economics main interest was in the following years the problems of monetary theory. On August 30, 1917, he was Emperor Charles I in the government Hussarek - Heinlein to kk Appointed Minister of Commerce, as well as in the last imperial government, to November 11, 1918 officiating Ministry Lammasch. In addition, Wieser was from 1917 to 12 November 1918, when German Austria as a republic abolished the mansion of the Imperial Council, an appointed member of the Emperor of the Manor House.

In 1926 he stated in his sociological and historical-philosophical magnum opus The Law of his power incurred in German Austria findings and ideas dar.

Died shortly after his 75th birthday, Wieser was buried in a dedicated grave of the City of Vienna on the Dornbacher Cemetery (Group 11, numbering 1 A).

Works

  • On the origin and the main laws of wirth economic Werthes, 1884
  • The natural Werth, 1889
  • The theory of urban land rent, 1909
  • Law and power, 1910
  • Theory of social economy [ first edition 1914 ], 1924
  • German Bohemia self-determination, in: Rudolf Lodgman of floodplains: German Bohemia, Berlin 1919
  • The historical work of violence, 1923
  • The Law of Power, 1926
Geheimrat Wilhelm Georg Friedrich Roscher Monetary economics Integrated Authority File
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