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Verlagstext: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. / AUS DEM INHALT: / / / Foreword pix Preface pxi My John Hicks p1 John and Ursula Hicks--A Personal Recollection p5 Hicks, a World Economist p15 "MrKeynes" and Hicks's Value and Capital p29 Hicks on Capital p43 Hicks and Economic Theory p53 Monetary Causes of the Business Cycles and Technological Change: 'Hicks vs Hayek' p61 Capital and Growth: Its Relevance as a Critique of Neo-Classical and Classical Economic Theories p78 Equilibrium, Expectations and ISLM p98 The Function of the Hicksian Economic Institution p111 Hicks and the Crisis in Keynesian Economics p138 A Note on Don Patinkin's Misspecification of Keynes' Consumption Function and Misinterpretation of Keynes' Elasticity Analysis in Chapter 10 of the General Theory p144 Money, Individual Choice and Frictions p149 Patinkin, the General Theory and Keynes's Aggregate Supply Function: A Study of the Reasons Underlying Patinkin's Misinterpretation of the GT p170 Neoliberalism and Globalisation--Justifying Policies of Redistribution p185 J.MKeynes's Bad Habit: A Critique of His Correspondence Style Based on the Hicks-Keynes Exchange over the General Theory in 1936-37 p209 Sir John Hicks's Contribution in the Field of Income Distribution, Profit Determination and Differentiated Behaviour of Economic Classes p215 The Birth of Karl Popper's Open Society: A Personal Reminiscence p235 MrHicks and the Classics p245 Neo Austrian Process(es) p270 Culture and Economic Growth: The State and Globalization p287 Financing of Government Expenditure and the Efficacy of IS-LM p304 Hicks' Approach to Economic Theory p311 In Memoriam: John Hicks p317 Sir John RHicks: Published Writings p322 Presentation of the Kannada Version of 'Value and Capital' to ProfJ.RHicks, at Mysore on 7th February 1979 p332 Index p336 Contributors p345