Skip to main content
SpringerLink
Log in

John R. Hicks (1904–1989)

  • Chapter
  • First Online:
The Palgrave Companion to LSE Economics

Abstract

Hagemann focuses on John R. Hicks, the first British economist to receive the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 1972. Hicks felt a lifelong commitment to London School of Economics (LSE), the institution that made him an economist and where he taught from 1926 to 1935. Hagemann discusses how Hicks’s later works at Cambridge, Manchester and Oxford are linked to his earlier influences at LSE. The emphasis is not only on his work on general equilibrium theory and welfare economics but also on Hicks’s other major works from wage theory to monetary theory, capital and growth theory, and the challenges posed by Hayek and Keynes. Hicks’s deep interest in (economic) history and history of economic thought also influenced his work as a theoretician.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 329.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    See also Chapter 1 in Hicks (1982).

  2. 2.

    ‘It was from Cannan that the LSE “free market” tradition descended’ (Hicks 1982: 4).

  3. 3.

    For more details, see, for example Winch (1969), Robbins (1971), Coats (1982), McCormick (1992), Skidelsky (1992), and Kurz (2000).

  4. 4.

    ‘There was indeed a substratum of “liberal” political principles which our socialists and our free market men had in common’ (Hicks 1979a: 198).

  5. 5.

    In his centennial history of LSE, Ralf Dahrendorf (1995: 223), following Harry Johnson (1972: 22), could rightly state: ‘The internationalization of LSE was, and is, one of its greatest strengths’.

  6. 6.

    For further details, see Chapter 1 of Hamouda (1993). For shorter surveys on the life and work of Hicks, see Bliss (1987) or Hagemann (2016). For critical assessments of various aspects of Hicks’s works, see the collection edited by Wood and Woods (1989).

  7. 7.

    ‘We now feel that a year that does not contain a visit to Italy is a year in which there is something missing. And now, when we come to Italy, we come to see our friends’ (Hicks 1979a: 204).

  8. 8.

    For the letters between Hicks and Webb during September–December 1935, see Marcuzzo et al. (2006).

  9. 9.

    See Coase (1982: 32, fn. 9) for the list of topics covered by Hicks in his advanced courses.

  10. 10.

    See Hicks (1981: Part I) and for a modern assessment, see Chipman (1994).

  11. 11.

    See Kurz (2017) for a recent discussion.

  12. 12.

    For retrospective views on Hicks’s Theory of Wages, see Rothschild (1994) and Solow (2008).

  13. 13.

    See Ricardo (1821 [1951]: Chapter 31).

  14. 14.

    Hicks (1932: 121, fn. 2) refers to the German edition of Wicksell’s Lectures (Wicksell 1913: 195–207) which at that time were not yet translated into English. Interestingly, it was Robbins who wrote an insightful Introduction to the English translation in which he rightly stated, ‘that Wicksell…must be looked upon as one of the founders of the marginal productivity theory’ (Robbins in Wicksell 1934: xiii) and points out that ‘[t]he final version of the text owes much to Dr. J.R. Hicks, who generously gave much time to the checking and correction of the manuscript’ (ibid.: xix).

  15. 15.

    For a more detailed treatment of Wicksell’s analysis of Ricardo’s machinery problem and Hicks’s view on the subject, see Hagemann (2008).

  16. 16.

    ‘Hayek’s presence added great strength to the magnetic attraction of Robbins’s seminar … In the 1930s, J.R. Hicks was one of the outstanding regular attenders at the Robbins-Hayek seminar’ (Plant 1974: 170–172).

  17. 17.

    See Hicks (1967: 203–215) and Hagemann (1998).

  18. 18.

    As such, Hicks was more in agreement with Wicksell who essentially held a real theory of the business cycle. See Boianovsky (1995), Leijonhufvud (1997), and Laidler (1999). For a more detailed comparison of the different views of Hicks and Hayek concerning the major cause of cyclical fluctuations, see Hagemann (1998).

  19. 19.

    For an examination of the use and role of Ricardo effect(s) in Hayek’s business cycle theory, see Hagemann and Trautwein (1998).

  20. 20.

    For a more detailed assessment of Hicks’s work on monetary economics, see Leijonhufvud (1984), the contribution by Laidler in Hagemann and Hamouda (1994), Fontana (2004) and the essays in Part III of Scazzieri et al. (2008).

  21. 21.

    See Hamouda (1993: Chapter 10).

  22. 22.

    For an example of the former, see A Theory of Economic History (Hicks 1969), in which Hicks worked out the origins and evolution of the market mechanism, and for the latter, see Part I, ‘Classics and Post-Classics’, in Hicks (1983a).

  23. 23.

    ‘I think I may conclude from this letter (as I have always done) that Keynes accepted the IS-LM diagram as a fair statement of his position—of the nucleus, that is, of his position’ (Hicks 1973b: 10).

  24. 24.

    See, for example, Hicks (1983a: 361). On the differences between Hicks’s original SI-LL model and the textbook IS-LM models, see Barens and Caspari (1999).

  25. 25.

    For modern assessments, see also the proceedings of the conference held by the International Economic Association at Bologna in September 1988 to celebrate the fiftieth anniversary of the publication of Value and Capital, edited by McKenzie and Zamagni (1991).

  26. 26.

    ‘Hicks did most of the general equilibrium theory worth doing. An exact existence proof would be an exception to that view. The existence theorem is important not just because it tells us that an equilibrium exists; more importantly it shows us what we are assuming when we suppose that an equilibrium does exist … In this area Hicks left too much unanalysed’ (Bliss 1994: 94–95; italics in original).

  27. 27.

    For Hicks’s later recantation of the temporary equilibrium method due to its elimination of dynamics and lags from analysis, i.e. the impermanence problem, see Petri (1991). For a critical assessment of Hicks’s capital theory in Value and Capital, see Garegnani (2012).

  28. 28.

    All of these essays plus further contributions and some comments by Hicks are also included in the collection Wealth and Welfare (Hicks 1981). For extensive comments by a modern specialist, see Chipman (1994).

  29. 29.

    See Hicks (1939a: appendix to Chapters II and III).

  30. 30.

    See also Pasinetti and Mariutti (2008) who clearly favour the work of the elder Hicks, the ‘nephew’, over the work of the younger Hicks, the ‘uncle’. They rightly point out: ‘He remained Hicks, in the sense that his independent mind always refused to be part of any school of thought’ (ibid.: 66).

  31. 31.

    For a more detailed analysis, see Hagemann (2009).

  32. 32.

    See Burmeister (1974) for a more elaborate analysis.

  33. 33.

    For a more detailed analysis, see Hicks (1973a) and Hagemann (1994).

References

Main Works by John R. Hicks

  • For a full bibliography of Hicks’s writings, see Hagemann and Hamouda (1994: 260–270).

    Google Scholar 

  • Hicks, J.R. (1932). The Theory of Wages. Second edition, 1963. London: Macmillan.

    Google Scholar 

  • Hicks, J.R. (1933) [1980]. ‘Gleichgewicht und Konjunktur’. Zeitschrift für Nationalökonomie, Bd. 4(H.4): 441–455. Translated as ‘Equilibrium and the Trade Cycle’, Economic Inquiry, 1980, 18(4): 523–534.

    Google Scholar 

  • Hicks, J.R. (1935). ‘A Suggestion for Simplifying the Theory of Money’. Economica, New Series, 2(5): 1–19.

    Article  Google Scholar 

  • Hicks, J.R. (1936). ‘Mr. Keynes’s Theory of Employment’. Economic Journal, 46(182): 238–253. Reprinted as Chapter 7 in J.R. Hicks (1982) Money, Interest and Wages: Collected Essays on Economic Theory. Volume II. Oxford: Basil Blackwell: 84–99.

    Google Scholar 

  • Hicks, J.R. (1937). ‘Mr. Keynes and the “Classics”: A Suggested Interpretation’. Econometrica, 5(2): 147–159.

    Article  Google Scholar 

  • Hicks, J.R. (1939a). Value and Capital. Second edition, 1946. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J.R. (1939b). ‘The Foundations of Welfare Economics’. Economic Journal, 49(196): 696–712.

    Article  Google Scholar 

  • Hicks, J.R. (1940). ‘The Valuation of the Social Income’. Economica, New Series, 7(26): 105–124.

    Article  Google Scholar 

  • Hicks, J.R. (1941). ‘The Rehabilitation of Consumers’ Surplus’. Review of Economic Studies, 8(2): 108–116.

    Google Scholar 

  • Hicks, J.R. (1942). The Social Framework: An Introduction to Economics. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J.R. (1943). ‘The Four Consumer’s Surpluses’. Review of Economic Studies, 11(1): 31–41.

    Google Scholar 

  • Hicks, J.R. (1950). A Contribution to the Theory of the Trade Cycle. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J.R. (1956a). ‘Methods of Dynamic Analysis’. In 25 Economic Essays, in English, German and Scandinavian, in Honour of Erik Lindahl. Stockholm: Ekonomisk Tidskrift: 139–151. Reprinted with an addendum in J.R. Hicks (1982) Money, Interest and Wages: Collected Essays on Economic Theory. Volume II. Oxford: Basil Blackwell: 219–235.

    Google Scholar 

  • Hicks, J.R. (1956b). A Revision of Demand Theory. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J.R. (1962). ‘Liquidity’. Economic Journal, 72(288): 787–802.

    Article  Google Scholar 

  • Hicks, J. (1965). Capital and Growth. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J. (1967). Critical Essays in Monetary Theory. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J. (1969). A Theory of Economic History. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J. (1973a). Capital and Time: A Neo-Austrian Theory. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J. (1973b). ‘Recollections and Documents’. Economica, New Series, 40(157): 2–11. Reprinted as Chapter VI in J. Hicks (1977) Economic Perspectives: Further Essays on Money and Growth. Oxford: Clarendon Press: 134–148.

    Google Scholar 

  • Hicks, J. (1973c). ‘The Mainspring of Economic Growth’. Swedish Journal of Economics, 75(4): 336–348.

    Article  Google Scholar 

  • Hicks, J. (1974). The Crisis in Keynesian Economics. Oxford: Basil Blackwell.

    Google Scholar 

  • Hicks, J. (1975). ‘Revival of Political Economy: The Old and the New’. Economic Record, 51(3): 365–367.

    Article  Google Scholar 

  • Hicks, J. (1976). ‘Some Questions of Time in Economics’. Chapter 6 in A.M. Tang, F.M. Westfield and J.S. Worley (eds) Evolution, Welfare, and Time in Economics: Essays in Honour of Nicholas Georgescu-Roegen. Lexington, MA: Lexington Books: 135–151.

    Google Scholar 

  • Hicks, J. (1977). Economic Perspectives: Further Essays on Money and Growth. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J. (1979a). ‘The Formation of an Economist’. Banca Nazionale del Lavoro Quarterly Review, 32(130): 195–204. Reprinted as Chapter 31 in J. Hicks (1983) Classics and Moderns: Collected Essays on Economic Theory. Volume III. Oxford: Basil Blackwell: 355–364.

    Google Scholar 

  • Hicks, J. (1979b). ‘On Coddington’s Interpretation: A Reply’. Journal of Economic Literature, 17(3): 989–995.

    Google Scholar 

  • Hicks, J. (1979c). Causality in Economics. Oxford: Basil Blackwell.

    Google Scholar 

  • Hicks, J. (1980). ‘IS-LM: An Explanation’. Journal of Post Keynesian Economics, 3(2): 139–154.

    Article  Google Scholar 

  • Hicks, J. (1981). Wealth and Welfare: Collected Essays on Economic Theory. Volume I. Oxford: Basil Blackwell.

    Google Scholar 

  • Hicks, J. (1982). Money, Interest and Wages: Collected Essays on Economic Theory. Volume II. Oxford: Basil Blackwell.

    Google Scholar 

  • Hicks, J. (1983a). Classics and Moderns: Collected Essays on Economic Theory. Volume III. Oxford: Basil Blackwell.

    Google Scholar 

  • Hicks, J. (1983b). ‘The Keynes Centenary: A Sceptical Follower’. The Economist, 18 June: 17–19.

    Google Scholar 

  • Hicks, J. (1985). Methods of Dynamic Economics. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J. (1986). ‘Loanable Funds and Liquidity Preference’. Greek Economic Review, 8(2): 125–131.

    Google Scholar 

  • Hicks, J. (1989). A Market Theory of Money. Oxford: Clarendon Press.

    Google Scholar 

  • Hicks, J. (1991). ‘The Swedish Influence on Value and Capital’. Chapter 15 in L. Jonung (ed.) The Stockholm School of Economics Revisited. Cambridge and New York: Cambridge University Press: 369–376.

    Google Scholar 

  • Hicks, J.R. and R.G.D. Allen (1934). ‘A Reconsideration of the Theory of Value, Parts I and II’. Economica, New Series, 1(1 and 2): 52–76 and 196–219. Reprinted as Chapter 1 in J. Hicks (1981) Wealth and Welfare: Collected Essays on Economic Theory. Volume I. Oxford: Basil Blackwell: 5–29 and 30–55.

    Google Scholar 

Other Works Referred To

  • Allen, R.G.D. (1936). ‘Professor Slutsky’s Theory of Consumers’ Choice’. Review of Economic Studies, 3(2): 120–129.

    Google Scholar 

  • Barens, I. and V. Caspari (1999). ‘Old Views and New Perspectives: On Re-Reading Hicks’s “Mr. Keynes and the Classics”’. European Journal of the History of Economic Thought, 6(2): 216–241.

    Google Scholar 

  • Bliss, C. (1987). ‘Hicks, John Richard (1904-)’. In J. Eatwell, M. Milgate and P. Newman (eds) The New Palgrave: A Dictionary of Economics. Volume 2. London: Macmillan: 641–646.

    Google Scholar 

  • Bliss, C. (1994). ‘Hicks on General Equilibrium and Stability’. Chapter 7 in H. Hagemann and O.F. Hamouda (eds) The Legacy of Hicks: His Contributions to Economic Analysis. London and New York: Routledge: 87–95.

    Google Scholar 

  • Boianovsky, M. (1995). ‘Wicksell’s Business Cycle’. European Journal of the History of Economic Thought, 2(2): 375–411.

    Google Scholar 

  • Burmeister, E. (1974). ‘Synthesizing the Neo-Austrian and Alternative Approaches to Capital Theory: A Survey’. Journal of Economic Literature, 12(2): 413–456.

    Google Scholar 

  • Cannan, E. (1933). ‘The Need for Simpler Economics’. Economic Journal, 43(171): 367–378.

    Article  Google Scholar 

  • Chick, V. (1991). ‘Hicks and Keynes on Liquidity Preference: A Methodological Approach’. Review of Political Economy, 3(3): 309–319.

    Article  Google Scholar 

  • Chipman, J.S. (1994). ‘Hicksian Welfare Economics’. Chapter 8 in H. Hagemann and O.F. Hamouda (eds) The Legacy of Hicks: His Contributions to Economic Analysis. London and New York: Routledge: 96–146.

    Google Scholar 

  • Coase, R.H. (1982). ‘Economics at LSE in the 1930’s: A Personal View’. Atlantic Economic Journal, 10(1): 31–34.

    Article  Google Scholar 

  • Coats, A.W. (1982). ‘The Distinctive LSE Ethos in the Inter-War Years’. Atlantic Economic Journal, 10(1): 18–30.

    Article  Google Scholar 

  • Dahrendorf, R. (1995). LSE: A History of the London School of Economics and Political Science, 1895–1995. New York and Oxford: Oxford University Press.

    Google Scholar 

  • Fontana, G. (2004). ‘Hicks on Monetary Theory and History: Money as Endogenous Money’. Cambridge Journal of Economics, 28(1): 73–88.

    Article  Google Scholar 

  • Garegnani, P. (2012). ‘On the Present State of the Capital Controversy’. Cambridge Journal of Economics, 36(6): 1417–1432.

    Article  Google Scholar 

  • Hagemann, H. (1994). ‘Employment and Machinery’. Chapter 13 in H. Hagemann and O.F. Hamouda (eds) The Legacy of Hicks: His Contributions to Economic Analysis. London and New York: Routledge: 200–224.

    Google Scholar 

  • Hagemann, H. (1998). ‘Monetary Causes of the Business Cycles and Technological Change: Hicks vs. Hayek’. Indian Journal of Applied Economics, 7(4): 61–77.

    Google Scholar 

  • Hagemann, H. (2008). ‘Capital, Growth, and Production Disequilibria: On the Employment Consequences of New Technologies’. Chapter 19 in R. Scazzieri, A. Sen and S. Zamagni (eds) Markets, Money and Capital: Hicksian Economics for the Twenty-First Century. Cambridge: Cambridge University Press: 346–366.

    Google Scholar 

  • Hagemann, H. (2009). ‘Hicks’s Traverse Analysis. From Capital and Growth to Capital and Time’. Chapter 4 in H. Hagemann and R. Scazzieri (eds) Capital, Time and Transitional Dynamics. London and New York: Routledge: 133–149.

    Google Scholar 

  • Hagemann, H. (2016). ‘John Richard Hicks (1904–1989)’. Chapter 95 in G. Faccarello and H.D. Kurz (eds) Handbook on the History of Economic Analysis: Volume I: Great Economists since Petty and Boisguilbert. Cheltenham and Northampton, MA: Edward Elgar: 602–609.

    Google Scholar 

  • Hagemann, H. and O.F. Hamouda (eds) (1994). The Legacy of Hicks: His Contributions to Economic Analysis. London and New York: Routledge.

    Google Scholar 

  • Hagemann, H. and H.-M. Trautwein (1998). ‘Cantillon and Ricardo Effects: Hayek’s Contributions to Business Cycle Theory’. European Journal of the History of Economic Thought, 5(2): 292–316.

    Article  Google Scholar 

  • Hamouda, O.F. (1993). John R. Hicks: The Economist’s Economist. Oxford: Blackwell.

    Google Scholar 

  • Hayek, F.A. (1928) [1984]. ‘Intertemporal Price Equilibrium and Movements in the Value of Money’. Chapter 4 in R. McCloughry (ed.) Money, Capital and Fluctuations: Early Essays of F.A. Hayek. London: Routledge: 71–117.

    Google Scholar 

  • Hayek, F.A. (1931) [1935]. Prices and Production. Revised and enlarged second edition. London: Routledge.

    Google Scholar 

  • Hayek, F.A. (1939). Profits, Interest and Investment. London: Routledge.

    Google Scholar 

  • Hayek, F.A. (1942). ‘The Ricardo Effect’. Economica, New Series, 9(34): 127–152.

    Article  Google Scholar 

  • Hayek, F.A. (1969). ‘Three Elucidations of the Ricardo Effect’. Journal of Political Economy, 77(2): 274–285.

    Article  Google Scholar 

  • Johnson, H.G. (1972). ‘Individual and Collective Choice’. In W.A. Robson (ed.) Man and the Social Sciences. London: LSE: 1–13.

    Google Scholar 

  • Jonung, L. (1981). ‘Ricardo on Machinery and the Present Unemployment: An Unpublished Manuscript by Knut Wicksell’. Economic Journal, 91(361): 195–205.

    Article  Google Scholar 

  • Kahn, R.F. (1984). The Making of Keynes’ General Theory. Cambridge: Cambridge University Press.

    Google Scholar 

  • Kaldor, N. (1932). ‘A Case Against Technical Progress?’. Economica, 36(May): 180–196.

    Google Scholar 

  • Kaldor, N. (1939). ‘Welfare Propositions of Economics and Interpersonal Comparisons of Utility’. Economic Journal, 49(195): 549–552.

    Article  Google Scholar 

  • Kennedy, C. (1968). ‘Time, Interest, and the Production Function’. Chapter 10 in J.N. Wolfe (ed.) Value, Capital and Growth: Papers in Honour of Sir John Hicks. Edinburgh: Edinburgh University Press: 275–290.

    Google Scholar 

  • Keynes, J.M. (1930) [1971]. A Treatise on Money. Volumes V and VI of The Collected Writings of John Maynard Keynes. London: Macmillan.

    Google Scholar 

  • Keynes, J.M. (1936) [1973]. The General Theory of Employment, Interest and Money. Volume VII of The Collected Writings of John Maynard Keynes. London: Macmillan.

    Google Scholar 

  • Keynes, J.M. (1973). The General Theory and After. Part II: Defence and Development. Volume XIV of The Collected Writings of John Maynard Keynes. London: Macmillan.

    Google Scholar 

  • Keynes, J.M. (1981). Activities 1929–31: Rethinking Employment and Unemployment Policies. Volume XX of The Collected Writings of John Maynard Keynes. London: Macmillan.

    Google Scholar 

  • Kurz, H.D. (2000). ‘The Hayek-Keynes-Sraffa Controversy Reconsidered’ Chapter 6 in H.D. Kurz (ed.) Critical Essays on Piero Sraffa’s Legacy in Economics. Cambridge: Cambridge University Press: 257–301.

    Google Scholar 

  • Kurz, H.D. (2017). ‘Is There a “Ricardian Vice”? And What Is Its Relationship with Economic Policy Ad“vice”?’. Journal of Evolutionary Economics, 27(1): 91–114.

    Article  Google Scholar 

  • Laidler, D.E.W. (1999). Fabricating the Keynesian Revolution: Studies of the Inter-War Literature on Money, the Cycle, and Unemployment. Cambridge: Cambridge University Press.

    Google Scholar 

  • Leijonhufvud, A. (1981). Information and Coordination: Essays in Macroeconomic Theory. New York and Oxford: Oxford University Press.

    Google Scholar 

  • Leijonhufvud, A. (1983). ‘What Was the Matter with IS-LM?’. Chapter 3 in J.-P. Fitoussi (ed.) Modern Macroeconomic Theory. Oxford: Blackwell: 64–90.

    Google Scholar 

  • Leijonhufvud, A. (1984). ‘Hicks on Time and Money’. In D.A. Collard, D.R. Helm, M.F.G. Scott and A.K. Sen (eds) Economic Theory and Hicksian Themes. Oxford: Clarendon Press: 26–46.

    Article  Google Scholar 

  • Leijonhufvud, A. (1997). ‘The Wicksellian Heritage’. Economic Notes, 26(1): 1–10.

    Google Scholar 

  • Lindahl, E. (1939). Studies in the Theory of Money and Capital. London: George Allen & Unwin.

    Google Scholar 

  • Marcuzzo, M.C., E. Sanfilippo, T. Hirai and T. Nishizawa (2006). ‘The Letters Between John Hicks and Ursula Webb, September-December 1935’. Working Paper No. 207. Nishiku and Kobe: Institute for Economics and Business Administration Research, University of Hyogo.

    Google Scholar 

  • McCormick, B.J. (1992). Hayek and the Keynesian Avalanche. Hemel Hempstead: Harvester Wheatsheaf.

    Google Scholar 

  • McKenzie, L.W. and S. Zamagni (eds) (1991). Value and Capital: Fifty Years Later. London: Macmillan.

    Google Scholar 

  • Nobel Prize website (1972). https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1972/press.html.

  • Pasinetti, L.L. and G. Mariutti (2008). ‘Hicks’s ‘Conversion’—from J.R. to John’. Chapter 3 in R. Scazzieri, A. Sen and S. Zamagni (eds) Markets, Money and Capital: Hicksian Economics for the Twenty-First Century. Cambridge: Cambridge University Press: 52–71.

    Google Scholar 

  • Petri, F. (1991). ‘Hicks’s Recantation of the Temporary Equilibrium Method’. Review of Political Economy, 3(3): 268–288.

    Article  Google Scholar 

  • Plant, A. (1974). Selected Economic Essays and Addresses. London: Routledge & Kegan Paul.

    Google Scholar 

  • Ricardo, D. (1821) [1951]. Principles of Political Economy and Taxation. Third edition. Works and Correspondence of David Ricardo. Edited by P. Sraffa. Volume I. Cambridge: Cambridge University Press.

    Google Scholar 

  • Robbins, L.C. (1930). ‘The Present Position of Economic Science’. Economica, 28(March): 14–24.

    Google Scholar 

  • Robbins, L.C. (1932). An Essay on the Nature and Significance of Economic Science. London: Macmillan.

    Google Scholar 

  • Robbins, L.C. (1971). Autobiography of an Economist. London: Macmillan.

    Google Scholar 

  • Rothschild, K.W. (1994). ‘The Theory of Wages Revisited’. Chapter 5 in H. Hagemann and O.F. Hamouda (eds) The Legacy of Hicks: His Contributions to Economic Analysis. London and New York: Routledge: 60–74.

    Google Scholar 

  • Samuelson, P.A. (1947). Foundations of Economic Analysis. Cambridge, MA: Harvard University Press.

    Google Scholar 

  • Samuelson, P.A. (1948). ‘Consumption Theory in Terms of Revealed Preference’. Economica, New Series, 15(60): 243–253.

    Article  Google Scholar 

  • Samuelson, P.A. (1989). ‘Ricardo was Right!’. Scandinavian Journal of Economics, 91(1): 47–62.

    Article  Google Scholar 

  • Scazzieri, R., A. Sen and S. Zamagni (eds) (2008). Markets, Money and Capital: Hicksian Economics for the Twenty-First Century. Cambridge: Cambridge University Press.

    Google Scholar 

  • Skidelsky, R. (1992). John Maynard Keynes. Volume 2: The Economist as Saviour, 1920–1937. London: Macmillan.

    Google Scholar 

  • Slutsky, E. (1915). ‘Sulla Teoria del Bilancio del Consumatore’. Giornale degli Economisti e Rivista di Statistica, 51(26, 1): 1–26. English translation: ‘On the Theory of the Budget of the Consumer’. Chapter 2 in K.E. Boulding and G.J. Stigler (eds) (1953) Readings in Price Theory. London: Allen & Unwin: 26–56.

    Google Scholar 

  • Solow, R.M. (2008). ‘“Distribution and Economic Progress” after Seventy Years’. Chapter 15 in R. Scazzieri, A. Sen and S. Zamagni (eds) Markets, Money and Capital: Hicksian Economics for the Twenty-First Century. Cambridge: Cambridge University Press: 277–286.

    Google Scholar 

  • Tribe, K. (1997). Economic Careers: Economics and Economists in Britain, 1930–1970. London and New York: Routledge.

    Google Scholar 

  • Wicksell, K. (1913). Vorlesungen über Nationalökonomie auf Grundlage des Marginalprinzips. Volume I. Stuttgart: Gustav Fischer.

    Google Scholar 

  • Wicksell, K. (1934). Lectures on Political Economy. Volume I. Translation of Wicksell (1913) by E. Classen and edited with an introduction by L.C. Robbins. London: Routledge.

    Google Scholar 

  • Winch, D. (1969). Economics and Policy: A Historical Study. London: Hodder & Stoughton.

    Google Scholar 

  • Wood, J.C. and R.N. Woods (eds) (1989). Sir John Hicks: Critical Assessments. Four volumes. London: Routledge.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. University of Hohenheim, Stuttgart, Germany

    Harald Hagemann

Authors
  1. Harald Hagemann
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Harald Hagemann .

Editor information

Editors and Affiliations

  1. Researcher in Economics, London, UK

    Robert A. Cord

Copyright information

© 2019 The Author(s)

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Hagemann, H. (2019). John R. Hicks (1904–1989). In: Cord, R.A. (eds) The Palgrave Companion to LSE Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-58274-4_17

Download citation

  • DOI: https://doi.org/10.1057/978-1-137-58274-4_17

  • Published:

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-137-58273-7

  • Online ISBN: 978-1-137-58274-4

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

Publish with us

Policies and ethics

Search

Navigation