Sir John Richard Hicks
Description
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. 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. Source: [John Hicks]( on Wikipedia. Viaf ID: (
Books
The crisis in Keynesian economics
Keynes' General Theory is one of the books that have made a universal impact; but it could scarcely have gained such a reputation had it not been deeply marked by the experience of the age in which it was written. In the very different world of today, a fresh appraisal is necessary in order that the ephemeral and the permanent (between which Keynes could naturally hardly be expected to distinguish) may be separated with the inestimable assistance of hindsight. Sir John Hicks was himself responsible for a widely employed approach to the thought of Keynes, but he has come to feel that a new presentation is now needed. This distinguished study, which is a contribution to the work of reappraisal, is the result.