ABSTRACT

The economics of Sir John Hicks is no longer the economics of J. R. H. This has often been said. Hicks himself admitted it. With Hicks knighted in 1964, we may reckon that the earlier years of the 1960s form the period of this transition. Hicks’s work Capital and Growth, published in 1965, is particularly interesting, as it is the most important of his works in this period.