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 a… - John Richard Hicks
" "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 pure mathematics.
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About John Richard Hicks
Sir John Richard Hicks (8 April 1904 – 20 May 1989) was a British economist, and economy professor at the and later the University of Oxford, who in 1972 received the Nobel Memorial Prize in Economic Sciences (jointly with Kenneth Arrow) for his pioneering contributions to general equilibrium theory and welfare theory.
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Native Name:
John Hicks
Alternative Names:
Sir John Richard Hicks
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Sir John Hicks
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Sir John Richards Hicks
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There were four years, 1931-1935, when I was myself a member of Hayek's seminar in London; it has left a deep mark on my thinking... At the end of the discussions in that seminar … we were, I believe, on the point of taking what now seems to me to be a decisive step. I was, at least, on the point of taking it myself. There is evidence for that in my "Value and Capital", much of the groundwork for which was done before I left London.
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