Hicks, Sir John Richard

Hicks, Sir John Richard, 1904–89, British economist, grad. Balliol College, Oxford, 1931. He was a professor at the Univ. of Manchester (1938–46) before joining the faculty of Oxford (1946). At the time of his retirement in 1971, Hicks was a research fellow at Oxford's All Souls College. A specialist in equilibrium theory, his writings stress the interrelationships among Economic markets. He was knighted in 1964 and, with Kenneth Arrow, received the 1972 Nobel Memorial Prize in Economic Sciences. His most important book is Value and Capital (1939).