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John Hicks - His Contributions to Economic Theory and Application (Hardcover)
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John Hicks - His Contributions to Economic Theory and Application (Hardcover)
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Economist Sir John Hicks was the first British economist to win the
Nobel Prize in Economic Science (1972) for his wide ranging
contributions in general and his book Value and Capital in
particular. Value and Capital showed that the basic results of
consumer theory could be obtained from statistical usage; it
expounded what became known as the "Hicksian substitution effect."
K. Puttaswamaiah describes Hicks as a brilliant economist without
whose effort present-day economies would not have grown in such
dimension by now and Value and Capital as a work that
revolutionized the science of economics. John Hicks is a unique
collection of essays that examine Hicks through personal
recollections as well as critiques and analyses of his work. For
this very special volume, K. Puttaswamaiah has gathered 25
contributors. Some were friends, colleagues, and students of Hicks.
All are eminent in their own areas of Hicks' work. Their articles
depict various aspects of the economist's thought and personality,
some depicting him in a new light. "My John Hicks," by Paul A.
Samuelson identifies the landmarks in Hicks' life. Colin Simkin's
"John and Ursula Hicks-A Personal Recollection" gives a vivid
account of the economist's inner life. O.F. Hamouda's essay,
"Hicks, A World Economist" presents a scholarly and comprehensive
analysis of Hicks' economics. In "Hicks and Economic Theory," Frank
Kahn sets out his own views on the major works of Hicks. Harald
Hagerman distinguishes between the works of Hicks and Hayek in
"Monetary Causes of the Business Cycles and Technological Changes:
Hicks vs. Hayek." Axel Lejonhufvud presents a memoriam on the life
and works of Hicks. The other authors have chosen different areas
of Hicks' works-sometimes focusing on a single work and giving a
vivid account of their own thoughts on the area chosen. This volume
will interest economists and students who are concerned with Hicks'
works in relation to earlier thinkers and present-day economic
theory. K. Puttaswamaiah is the senior director, Planning
Department, Government of Karnataka State, India. He has written or
edited fourteen books. He is the founding editor of the Indian (now
International) Journal of Applied Economics & Econometrics.
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