John Hicks | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-03-25

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/John_Hicks


00:00:46 1 Early life
00:01:35 2 Career
00:02:47 3 Later life
00:03:21 4 Contributions to economic analysis
00:05:10 5 Contributions to interpretation of income for accounting purposes
00:06:21 6 See also
00:06:30 7 Selected publications



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"I cannot teach anybody anything, I can only make them think."
- Socrates


SUMMARY
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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.