Lady Ursula Hicks
Encyclopedia
Ursula Kathleen Webb Hicks (1896–1985) was an Irish-born economist. She was daughter of William and Isabella Webb and wife of John Hicks
.
Despite her impressively heavyweight husband, Ursula Hicks was an accomplished scholar in her own right. She was a renowned public finance and development economist. Hicks was also one of the founders of the Review of Economic Studies
and Managing Editor there from 1933 to 1961.
Her 1946 paper argued against economic usefulness of the distinction between direct tax
es and indirect tax
(as to who the nominal payer is) versus taxes on income
and expenditures (outlays), a distinction now recognized in national accounting
.
Lady Ursula Hicks received an Honorary Fellowship at the Institute of Social Studies
in 1967.
John Hicks
Sir John Richard Hicks was a British economist and one of the most important and influential economists of the twentieth century. The most familiar of his many contributions in the field of economics were his statement of consumer demand theory in microeconomics, and the IS/LM model , which...
.
Despite her impressively heavyweight husband, Ursula Hicks was an accomplished scholar in her own right. She was a renowned public finance and development economist. Hicks was also one of the founders of the Review of Economic Studies
Review of Economic Studies
The Review of Economic Studies is a peer-reviewed academic journal in economics. It was established in 1933 and is published by Wiley-Blackwell. It is the eighth-ranked economics journal in overall impact according to the ranking of Kalaitzidakis et al...
and Managing Editor there from 1933 to 1961.
Her 1946 paper argued against economic usefulness of the distinction between direct tax
Direct tax
The term direct tax generally means a tax paid directly to the government by the persons on whom it is imposed.-General meaning:In the general sense, a direct tax is one paid directly to the government by the persons on whom it is imposed...
es and indirect tax
Indirect tax
The term indirect tax has more than one meaning.In the colloquial sense, an indirect tax is a tax collected by an intermediary from the person who bears the ultimate economic burden of the tax...
(as to who the nominal payer is) versus taxes on income
Income tax
An income tax is a tax levied on the income of individuals or businesses . Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a corporate...
and expenditures (outlays), a distinction now recognized in national accounting
National accounts
National accounts or national account systems are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation. These include detailed underlying measures that rely on double-entry accounting...
.
Lady Ursula Hicks received an Honorary Fellowship at the Institute of Social Studies
Institute of Social Studies
The International Institute of Social Studies of Erasmus University Rotterdam in The Hague is a unique, independent and international graduate school in the social sciences...
in 1967.
Selected publications
- 1946. "The Terminology of Tax Analysis," Economic Journal, 56(221), pp. 38-50.
- 1947, 3rd ed., 1968. Public Finance, Cambridge Economic Handbooks.
- 1961. Development from Below. Clarendon Press. Opening paragraph & review excerpt.
- 1978. Federalism: Failure and Success: A Comparative Study. Oxford. Review excerpt.