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Sir John Richard Hicks
John Hicks 1972.jpg
Hicks in 1972
Born
John Richard Hicks

(1904-04-08)8 April 1904
Died 20 May 1989(1989-05-20) (aged 85)
Blockley, England, UK
Nationality British
Institution Gonville & Caius College, Cambridge
London School of Economics
University of Manchester
Nuffield College, Oxford
School or
tradition
Neo-Keynesian economics
Alma mater Balliol College, Oxford
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 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.

In 1972 he received the Nobel Prize in Economic Sciences (jointly) for his pioneering contribution to general equilibrium theory and welfare theory. Hicks died on 20 May 1989 at his home in the Cotswold village of Blockley at the age of 85.

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