Sir John Hicks | |
|---|---|
 Hicks in 1972 | |
| Born | John Richard Hicks 8 April 1904 Warwick, England, UK |
| Died | 20 May 1989 (aged 85) Blockley, England, UK |
| Education | Balliol College, Oxford |
| Academic career | |
| Institution | Gonville and Caius College, Cambridge London School of Economics University of Manchester Nuffield College, Oxford |
| School or tradition | Neo-Keynesian economics |
| Influences | Léon Walras, Friedrich Hayek, Lionel Robbins, Erik Lindahl, John Maynard Keynes |
| Contributions | IS–LM model Capital theory, consumer theory, general equilibrium theory, welfare theory, induced innovation |
| Awards | Nobel Memorial Prize in Economic Sciences (1972) |
| Information at IDEAS / RePEc | |
Sir John Richard 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.
In 1972 he received the Nobel Memorial Prize in Economic Sciences (jointly) for his pioneering contributions to general equilibrium theory and welfare theory.[1]
- ^ The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972. Nobelprize.org. Retrieved on 28 July 2013.