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Re: Query re JR Hicks



I'm running out but it *might* be "The Foundations of Welfare Economics"
Economic Journal that year. I can check tomorrow, but you could also e-mail
Edward Nell at nelle@xxxxxxxxxxxxx and he would probably know off the top.

-----Original Message-----
From: Eugene Coyle <eugenecoyle@xxxxxxx>
To: Pen-L Pen-L <pen-l@xxxxxxxxxxxxxxxxxxx>
Date: Thursday, April 06, 2000 5:22 PM
>Subject: [PEN-L:17792] Query re JR Hicks


>In a 1990 article in Scientific American, Brian Arthur says:
>
>    "Moveover, if one or a few firms came to dominate a market, the
>assumption that no firm is large enough to affect market prices on its
>own (which makes economic problems easy to analyze) would also
>collapse.  When John R. Hicks surveyed these possibilities in 1939 he
>drew back in alarm.  'The threatened wreckage,' he wrote, 'is that of
>the greater part of economic theory."
>
>    Arthur gives the date, 1939, in that passage, but does not provide a
>cite for the Hicks' quoted remark.
>
>Anybody know where I should look for this?
>
>Thanks.
>
>Gene Coyle




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