When and where was John Hicks born?
John Richard Hicks entered the world on the 8th of April 1904 in Warwick, England. His father Edward Hicks edited and co-owned the Warwick and Leamington Spa Courier newspaper.
Questions about John Hicks
Short answers, pulled from the story.
What major economic theories did John Hicks develop during his career?
John Hicks introduced general equilibrium theory to English-speaking audiences for the first time through his magnum opus Value and Capital published in 1939. He also developed the Kaldor-Hicks efficiency criterion for welfare comparisons and created the famous IS-LM model in his 1937 paper Mr Keynes and the Classics: A Suggested Interpretation.
Which universities did John Hicks work at throughout his professional life?
John Hicks lectured at the London School of Economics and Political Science from 1926 until 1935 before moving to Cambridge University as a fellow of Gonville & Caius College between 1935 and 1938. He served as Professor at the University of Manchester from 1938 to 1946 and later returned to Oxford University as Drummond Professor of Political Economy from 1952 to 1965.
When did John Hicks receive the Nobel Prize in Economic Sciences?
John Hicks became a co-recipient of the Nobel Prize in Economic Sciences with Kenneth J. Arrow in 1972. The award recognized his pioneering contributions to general equilibrium theory and welfare theory.
What happened to John Hicks after he died on the 20th of May 1989?
John Hicks died on the 20th of May 1989 at his home in the Cotswold village of Blockley. His legacy endures through numerous publications spanning from 1932 to 1989 including works like Capital and Growth and A Theory of Economic History.