Princeton, New Jersey.

CITY AND SCHOOL

In this small university town between New York and Philadelphia on the east coast of the United States, four thinkers of the Austrian School were active. Frank A. Fetter took up an interdisciplinary chair here from 1911.

In this small university town between New York and Philadelphia on the east coast of the United States, four thinkers of the Austrian School were active. Frank A. Fetter took up an interdisciplinary chair (history, politics and economics) here from 1911 and, from 1913, headed the newly founded department of economics for eleven years. After his retirement in 1931, this highly productive and popular professor went on teaching into his seventy-first year and finally died in 1949, aged 86, at the place where he had worked for so long. Vera C. Smith Lutz emigrated to Princeton in 1938, a year after her marriage, together with her husband, and remained here until 1951. Here she worked as an economist for the international finance section of Princeton University and for the League of Nations. After his emigration, Oskar Morgenstern was a professor at Princeton University here from 1938 to 1970. In 1977 Morgenstern died at his place of work here in the state of New Jersey. Fritz Machlup succeeded him and was a professor at Princeton University from 1960 to 1983.

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