Announced: Sir James Mirrlees

Posted on the 18th November 2015 by Sumeeta, Communications Coordinator


From the Warwick Economics Summit 2016, we're delighted to announce our first speaker for the event

Sir James Alexander Mirrlees, Emeritus Professor of Political Economy at the University of Cambridge, who alongside Canadian economist William Vickery, was awarded the Nobel Prize for Economics in 1996 "for their fundamental contributions to the economic theory of incentives under asymmetric information".

Born in Scotland, in 1957 Prof. Mirrlees earned his M.A. in Mathematics and Natural Philosophy from the University of Edinburgh, and in 1963 his Ph.D. in Economics with thesis title Optimum planning for a dynamic economy from Trinity College, Cambridge University. From 1968-1995, he was an Economics professor at the University of Oxford, but then in 1995 returned to teach in Cambridge.

In the 1960s and 1970s, Prof. Mirrlees worked on the theory of public economic policy. He began his work with the assumption that the government should use taxes to promote a fair redistribution of goods without creating undesirable inefficiencies. His published papers focused on economic incentives in situations involving incomplete, or asymmetrical, information. As a result of this work, he was awarded the Nobel Prize with Vickery in 1996.

Prof. Mirrlees has been a frequent visiting professor at the Massachusetts Institute of Technology, Yale University, and Berkley University. He is now Distinguished Professor-at-Large and the Master of Morningside College at the Chinese University of Hong Kong.

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