Markets, Money and Capital. Hicksian Economics for the Twenty-First Century

This volume examines John Hicks's intellectual heritage and discusses how his analytical contributions suggest a distinct approach to economic theory and policy making. One important unifying theme is that Hicks's attention to economic rationality in time, and his acknowledgment that apparent rigidities and frictions may provide buffer against excessive fluctuations in output, prices and employment, could provide foundations to theoretical and policy exercises explicitly dealing with the influence of context and history.