Sir John Richard Hicks
John Richard Hicks
8 April 1904
|Died||20 May 1989 (aged 85)|
Blockley, England, UK
|Institution||Gonville & Caius College, Cambridge|
London School of Economics
University of Manchester
Nuffield College, Oxford
|Alma mater||Balliol College, Oxford|
|Influences||Léon Walras, Friedrich Hayek, Lionel Robbins, Erik Lindahl, John Maynard Keynes|
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 contributed to the fields of consumer demand theory in microeconomics. In 1937, he developed the IS/LM model which summarizes 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.
He was made a Knight Bachelor in 1964.
References[change | change source]
- The Home Office (14 January 1964). "Notice of Investiture". London Gazette. HMSO. Retrieved 22 April 2011.
- "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972". NobelPrize.org.
- john hicks – British Academy Retrieved 15 January 2018.