Hicks, John Richard (1904–1989)

Abstract

This biographical review of the life and works of John Hicks covers his contributions to numerous fields, and in each case assesses the particular contributions for which he was responsible. The fields concerned are The Theory of Wages, Value Theory, Welfare Economics, The Keynesian Revolution, Monetary Theory, Growth and Capital Theory, and Other Topics. An extensive bibliography of Hicks’s writings is provided. Two points that are stressed are the unusual departure point for Hicks’s thought in the general equilibrium ideas of European economists, and the radical effect on Hicks of Keynes’s ideas.

This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume