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John Hicks

 
Britannica Concise Encyclopedia: Sir John Richard Hicks

(born April 8, 1904, Leamington Spa, Warwickshire, Eng. — died May 20, 1989, Blockley, Gloucestershire) British economist. He taught at several institutions, notably the University of Oxford, and he was knighted in 1964. His classic work Value and Capital (1939) helped resolve basic conflicts between business-cycle theory and the equilibrium theory, which holds that economic forces tend to balance one another rather than simply reflect cyclical trends. He shared the 1972 Nobel Prize with Kenneth Arrow.

For more information on Sir John Richard Hicks, visit Britannica.com.

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Columbia Encyclopedia: Sir John Richard Hicks
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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).
Quotes By: John Hicks
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Quotes:

"There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of mathematics."

Artist: John Hicks
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  • Born: December 12, 1941, Atlanta, GA
  • Died: May 10, 2006, New York, NY
  • Active: '60s, '70s, '80s, '90s, 2000s
  • Genres: Jazz
  • Instrument: Piano
  • Representative Albums: "After the Morning," "Sweet Love of Mine," "On the Wings of an Eagle"
  • Representative Songs: "After the Morning," "Passion Flower," "Single Petal of a Rose"

Biography

A longtime fixture of the New York City jazz landscape, pianist John Hicks was an artist of uncommon versatility, moving effortlessly from pop standards to the avant-garde while retaining the dense physicality and intense energy that were the hallmarks of his approach. Born December 12, 1941, in Atlanta, Hicks was still an infant when his preacher father relocated the family to Los Angeles. He spent the better part of his teen years in St. Louis, and counted among his classmates there the young Lester Bowie. Hicks' mother was his first piano teacher, and after a stint at Lincoln University in Missouri he attended the Berklee School of Music and the Juilliard School; he later cited influences spanning from Fats Waller to Thelonious Monk to Methodist church hymns, and his catholic listening tastes were instrumental in shaping his far-ranging skills as a player. After touring in support of bluesman Albert King and hard bop tenor saxophonist Johnny Griffin, Hicks backed singer Della Reese during a 1963 New York club residency, and the city remained his home for the rest of his life. In the wake of stints with Kenny Dorham and Joe Henderson, Hicks joined Art Blakey's Jazz Messengers in 1964, collaborating alongside the likes of trumpeters Lee Morgan and Freddie Hubbard. Two years later, he signed on with singer Betty Carter, like Blakey a keen judge of emerging talent. Upon exiting Carter's band in 1968, Hicks spent the remainder of the decade with Woody Herman and entered the decade to follow as a first-call sideman. He also moonlighted as an educator, and during the early '70s taught jazz and improvisation at Southern Illinois University.

After backing Carter on her 1976 date Now It's My Turn, Hicks returned to her backing group full-time. The exposure vaulted him to new renown, and in 1979 he finally led his own studio effort, After the Morning. With 1981's Some Other Time, cut with bassist Walter Booker and drummer Idris Muhammad, Hicks also emerged as a gifted composer, writing his best-known effort, "Naima's Love Song," in honor of his young daughter. He recorded prolifically in the years to follow, concentrating on solo and small ensemble work including stints as member of the Power Trio and the Keystone Trio. He also served as the regular pianist with the Mingus Dynasty Band and for a time led his own big band. Hicks enjoyed his greatest commercial success with a series of tribute LPs celebrating the music of his mentors and influences, highlighted by 1998's Something to Live For (a collection of Billy Strayhorn compositions), 2000's Impressions of Mary Lou (Williams, of course), and 2003's Fatha's Day (honoring Earl Hines). Hicks' longest and most rewarding collaboration was his partnership with flutist Elise Wood, which launched in 1983 and after several studio sessions and tours culminated in marriage in 2001, around the time of the release of their duo recording Beautiful Friendship. Hicks died suddenly on May 10, 2006. Just three days earlier, he delivered his final performance at Harlem's St. Mark's United Methodist Church, where his father served as a minister prior to his own death. Hicks was 64 years old. ~ Jason Ankeny, All Music Guide
Wikipedia: John Hicks
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John Hicks
Neo-Keynesian economics
Birth 8 April 1904(1904-04-08)
Warwick, England
Death 20 May 1989 (aged 85)
Blockley, England
Nationality  United Kingdom
Institution Nuffield College, Oxford
University of Manchester
London School of Economics
Field Macroeconomics
Alma mater Balliol College, Oxford
Influences John Maynard Keynes
Contributions IS/LM model
Capital theory, consumer theory, general equilibrium theory, welfare theory, induced innovation
Awards Nobel Memorial Prize in Economic Sciences (1972)
Information at IDEAS/RePEc

Sir John Richard Hicks (8 April 1904 – 20 May 1989) was a British economist and 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, which summarized a Keynesian view of macroeconomics. From 1938 to 1946 he was Professor at the University of Manchester. It was there that he did his main work on welfare economics, with its application to social accounting. Sir John Hicks received the Nobel Prize in Economic Sciences (jointly) in 1972 for his pioneering contribution to general economic equilibrium theory and welfare theory.

He taught at the London School of Economics from 1926 to 1935, and his most well-known work is Value and Capital, written while he was at LSE and published in 1939. By being deeply anchored in theories of the behavior of consumers and of entrepreneurs, John Hicks' model offered far better possibilities to study the consequences of changes in externally given variables than earlier models in this field, and Hicks succeeded in formulating a number of theorems. He donated the Nobel Prize to the School's Library Appeal in 1973.[1]

The compensated demand function is named the Hicksian demand function in memory of him.

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Britannica Concise Encyclopedia. Britannica Concise Encyclopedia. © 2006 Encyclopædia Britannica, Inc. All rights reserved.  Read more
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