Mr. Speaker, the Bloc Quebecois would like to commend Canadian economist William Vickrey who, along with James Mirrlees, from Great Britain, received the 1996 Nobel Economy Prize.
William Vickrey, born in 1914, is a key figure in contemporary economics. In the last 45 years, he has published several books and some 140 scientific articles in many renowned journals.
The Nobel Prize was awarded to these two researchers for their contribution to the economic theory of incentives under asymmetric information. Professor Vickrey carried out significant studies
on the taxation level taxpayers can bear to finance government expenditures without these taxes having a negative impact on employment and tax revenues.
The Bloc Quebecois would like to congratulate Professor Vickrey for receiving this award. Such an honour reflects on all Quebecers and all Canadians; so, it is in their names that we want to pay tribute to Professor Vickrey today.