John Richard Hicks
British economist (1904-1989) · United Kingdom · On the map · Academics · Died at 85
Sir John Richard Hicks was a British economist. He is considered one of the most important and influential economists of the twentieth century.
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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.