John Hicks

Economist and Nobel Prize laureate

John Hicks - Thinkers & Philosophers born April 8th, 1904
Born
Died
Category

Thinkers & Philosophers

Country

United Kingdom

Links & References

An English economist and academic, had a significant influence in the fields of welfare economics and general equilibrium theory. Contributed to the development of the IS-LM model, which describes the relationship between interest rates and real output. Authored important works, including 'Value and Capital', which examined the concepts of demand and supply. Received the Nobel Prize in Economic Sciences in 1972 for contributions to the analysis of demand and supply. His theories continue to be referenced in economic literature and education.

Received the Nobel Prize in 1972

Developed the IS-LM model

Authored 'Value and Capital'

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