Sir John Richard Hicks

1904–1989

1 standalone book

Sir John Richard Hicks (8 April 1904 – 20 May 1989) was a British economist. He was considered one of the most important and influential economists of the twentieth century. His contributions included 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.

Born

1904