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Edition 2 (2003) award
Katsuhito Iwai
いわい かつひと
Iwai Katsuhito
Profile
- Gender
- Male
- Born
- 1947-02-13 (Shibuya, Tokyo, Japan)
- Nationality
- Japan
- Languages
- Japanese, English
Career
- Occupations
- Economist, University professor, Researcher
- Active Years
- 1969-
- Affiliations
- University of California, Berkeley (Researcher), Yale University (Associate Professor), Cowles Foundation (Senior Fellow), Princeton University (Visiting Associate Professor), University of Pennsylvania (Visiting Professor), University of Tokyo (Professor; Emeritus Professor), Musashino University (Visiting/Professor), International Christian University (Visiting Professor), The Tokyo Foundation (Honorary Research Fellow)
- Memberships
- Member of the Japan Academy, Member of the Science Council of Japan (served as Chair of the Economics Committee)
- Influenced By
- John Maynard Keynes, Joseph Schumpeter, Hirofumi Uzawa, Ryutaro Komiya, Tjalling Koopmans, Paul Samuelson, Robert Solow, James Tobin
Education
| Institution | Faculty | Department | Degree | Period | Country |
|---|---|---|---|---|---|
| University of Tokyo | Faculty of Economics | — | 学士 | 1965-1969 | Japan |
| Massachusetts Institute of Technology | Graduate School | Department of Economics | Ph.D. | 1969-1972 | United States |
Awards
| Year | Award | Work | Category | Organization | Result |
|---|---|---|---|---|---|
| 1982 | Nikkei Economic Book and Culture Award (Special Prize) | Disequilibrium Dynamics | — | Nikkei / Japan Center for Economic Research | 受賞 |
| 1993 | Suntory Academic Prize | The Theory of Money | — | Suntory Foundation | 受賞 |
| 2003 | Kobayashi Hideo Award | What Will Become of Companies? | — | Shinchosha | 受賞 |
| 2009 | M&A Forum Award (RECOF Prize) | M&A National Wealth Theory | — | M&A Forum | 受賞 |
| 2007 | Purple Ribbon Medal | — | — | Government of Japan | 受章 |
| 2016 | Person of Cultural Merit | — | — | Government of Japan | 選出 |
| 2023 | Order of Culture | — | — | Government of Japan | 受章 |
| 2009 | Honorary Doctorate (University of Belgrade) | — | — | University of Belgrade | 授与 |
Awards & Nominations
Works
Major Works
Disequilibrium Dynamics
1981 Economics (theory) 320 pagesA theoretical analysis of inflation and unemployment that systematizes disequilibrium dynamics in macroeconomics and links mathematical models to macroeconomic theory.
- Disequilibrium Dynamics (Japanese translation / Iwanami Shoten)
The Capital of The Merchant of Venice
1985 Essay / Economic thought 240 pagesAn interdisciplinary essay examining capital and history through literary and economic lenses.
The Theory of Money
1993 Economics 280 pagesA theory of money informed by search-theoretic and evolutionary perspectives. Awarded the Suntory Academic Prize.
What Will Become of Companies?
2003 Essay / Corporate sociology 200 pagesConsiders the role and form of companies in post-industrial capitalism. Winner of the Kobayashi Hideo Award.
Bibliography
- Disequilibrium Dynamics (1981) / Japanese edition (1987)
- The Capital of The Merchant of Venice (1985)
- The Theory of Money (1993)
- Talking About Capitalism (1994)
- Theories of 21st Century Capitalism (2000)
- What Will Become of Companies? (2003)
- Who Owns the Company? (2005)
- M&A National Wealth Theory (co-author, 2008)
- Objections to IFRS (2011)
- The Universe of Economics (2015)
- Living Within Capitalism (2024)
Style & Themes
- Literary Style
- academic and theoreticalessayistic and polemicalwrites in both English and Japanese
- Recurring Motifs
- disequilibriummoney and creditcorporate-society relationsstructure and transformation of capitalismtrust (confidence)
Legacy
Bridged theoretical economics and Japanese economic thought, making significant contributions in disequilibrium dynamics, monetary theory, and corporate theory. His academic leadership, public engagement, and advisory roles earned him recognition including membership in the Japan Academy and the Order of Culture.
Academic Societies
- The Japan Academy
Trivia
- His spouse is novelist Minae Mizumura.
- Graduated University of Tokyo (1969); Ph.D. from MIT (1972).
- Named Person of Cultural Merit in 2016 and awarded the Order of Culture in 2023.