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John R. Hicks (1904-1989)

Awarded the Prize “for his pioneering contributions to general economic equilibrium theory and welfare theory.”

British economist. Hicks was born on April 8, 1904 in Leamington Spa, Warwickshire, England. He was educated at Clifton College from 1917 to 1922 and at Balliol College, Oxford from 1922 to 1926. In 1938 he was appointed to the Chair of Political Economy at the University of Manchester. In1946 he became Official Fellow of Nuffield College, Oxford  and in 1952 Drummond Professor of Political Economy at Oxford. Hicks died on May 20, 1989 at Blockley, Gloucestershire.
Major Works:
The Theory of Wages (1932); Value and Capital (1939); The Social Framework (1942); A Contribution to the Theory of the Trade Cycle (1950); A Revision of Dem Theory (1956); Capital and Growth (1965); Critical Essays in Monetary Theory (1967); A Theory of Economic History (1969); The Crisis in Keynesian Economics (1974); Capital and Time: A Neo-Austrian Theory (1976); Economics Perspectives: Further Essays on Money and Growth (1977); Causality in Economics (1979); A Market Theory of Money (1989)

UK (2001) First-Day Cover




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