Birthdate: April 8, 1904
Sun Sign: Aries
Birthplace: Warwick, England, United Kingdom
Died: May 20, 1989
Sir John Richard Hicks, a prominent British economist, made significant contributions to both microeconomics and macroeconomics. His work on consumer demand theory, the IS-LM model, and the book “Value and Capital” have had a lasting impact on the field of economics. In 1972, he was awarded the Nobel Memorial Prize in Economic Sciences for his pioneering work in general equilibrium theory and welfare theory. Hicks’ legacy endures through the Hicksian demand function, a concept named in his honor to acknowledge his enduring influence on economic thought.
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