John Hicks was a lecturer at the London School of Economics and Political Science, where he met Friedrich Hayek. From 1935 to 1938 he was at the University of Cambridge, where he wrote his major work, "Value and capital". From 1938 to1946 he was a professor at the University of Manchester. At 1946 he returned to Oxford and worked as the Professor of Political Economics. He was knighted in 1964 and received the Nobel Prize in 1972 (together with Kenneth Arrow).