What Is John R. Hicks Known for?
John R. Hicks, a British neo-Keynesian economist, made significant contributions to economic theory, including microeconomic price and utility theory, the Hicks compensation test in welfare economics, and the IS-LM model in macroeconomics. His work earned him the Nobel Prize in 1972, and he is considered one of the most influential economists of the 20th century.
9adb