Economic Sciences

Nobel Lecture

  Lecture to the memory of Alfred Nobel, December 11, 1975 Mathematics in Economics: Achievements, Difficulties, Perspectives I am deeply excited by that high honour which fell on my lot and I am happy for the opportunity to appear here as a participant of this honorable series of lectures. In our time mathematics has penetrated…

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Banquet speech

Friedrich August von Hayek’s speech at the Nobel Banquet, December 10, 1974 Your Majesty, Your Royal Highnesses, Ladies and Gentlemen, Now that the Nobel Memorial Prize for economic science has been created, one can only be profoundly grateful for having been selected as one of its joint recipients, and the economists certainly have every reason…

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Nobel Lecture

Lecture to the memory of Alfred Nobel, December 11, 1974   The Pretence of Knowledge The particular occasion of this lecture, combined with the chief practical problem which economists have to face today, have made the choice of its topic almost inevitable. On the one hand the still recent establishment of the Nobel Memorial Prize…

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Banquet speech

John R. Hicks’ speech at the Nobel Banquet in Stockholm, December 10, 1972 Mr. Prime Minister, Ladies and Gentlemen, Economics comes in at the end; that (I am sure) is where we belong. Our science colleagues find permanent truths; economists, who deal with the daily actions of men and the consequences of these actions, can…

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Nobel Lecture

Lecture to the memory of Alfred Nobel, April 27, 1973 The Mainspring of Economic Growth In my Theory of Wages, first published in 1932, there is a chapter (VI) entitled “Distribution and Economic Progress”. It was the first to be written of the theoretical chapters in that book; so it is in a sense the…

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