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  1. Home
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  3. April
  4. 8
  5. John Hicks

Births on April 8

John Hicks
1904Apr, 8

John Hicks

John Hicks, English economist and academic, Nobel Prize laureate (d. 1989)
Sir John Richards Hicks (8 April 1904 – 20 May 1989) was a British economist. He is 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.

References

  • John Hicks
  • Nobel Memorial Prize in Economic Sciences

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Events on 1904

  • 17Jan

    The Cherry Orchard

    Anton Chekhov's The Cherry Orchard receives its premiere performance at the Moscow Art Theatre.
  • 3Mar

    Thomas Edison

    Kaiser Wilhelm II of Germany becomes the first person to make a sound recording of a political document, using Thomas Edison's phonograph cylinder.
  • 8Apr

    The Book of the Law

    British mystic Aleister Crowley transcribes the first chapter of The Book of the Law.
  • 5May

    Cy Young

    Pitching against the Philadelphia Athletics at the Huntington Avenue Grounds, Cy Young of the Boston Americans throws the first perfect game in the modern era of baseball.
  • 16Nov

    Vacuum tube

    English engineer John Ambrose Fleming receives a patent for the thermionic valve (vacuum tube).

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