John Hicks

Sir John Hicks (8 April 1904 – 20 May 1989) was a British economist. He is considered one of the most important and influential economists of the twentieth century. The most familiar of his many contributions in the field of economics were his statement of consumer demand theory in microeconomics, and the IS–LM model (1937), which summarised a Keynesian view of macroeconomics. His book Value and Capital (1939) significantly extended general-equilibrium and value theory. The compensated demand function is named the Hicksian demand function in memory of him.

Sir John Hicks
Hicks in 1972
Born
John Richard Hicks

(1904-04-08)8 April 1904
Died20 May 1989(1989-05-20) (aged 85)
Blockley, England, UK
NationalityBritish
InstitutionGonville & Caius College, Cambridge
London School of Economics
University of Manchester
Nuffield College, Oxford
School or
tradition
Neo-Keynesian economics
Alma materBalliol College, Oxford
InfluencesLéon Walras, Friedrich Hayek, Lionel Robbins, Erik Lindahl, John Maynard Keynes
ContributionsIS–LM model
Capital theory, consumer theory, general equilibrium theory, welfare theory, induced innovation
AwardsNobel Memorial Prize in Economic Sciences (1972)
Information at IDEAS / RePEc

In 1972 he received the Nobel Memorial Prize in Economic Sciences (jointly) for his pioneering contributions to general equilibrium theory and welfare theory.[1]


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