About the author

NATIONALITY

Japanese

OBJECTIVE

Having found errors in J.M.Keynes’ Multiplier Effect theory and W. Leontief’s Input-Output Table analysis, I have proven that there exists no multiplier effect in the economy. I want to communicate this discovery to policy makers. Furthermore, I want to formulate a money flow analysis with matrix expressions in economies in order to analyze debt problems in financial systems.

RESEARCH SUMMARY

One line of research is in accounting: drawing a Break-even chart under standard costing (U.S. patent Nov. 2007) and presenting a marginal profit chart unifying both standard and direct costing (patent pending). Another is in economics, mainly consisting of a mathematical disproof of the Multiplier Effect theory by J.M.Keynes and the General Equilibrium theory by L.Walras; pointing out an error in W. Leontief’s Input-Output Table analysis.

WORK EXPERIENCE

YOUSHOUJI (Eng. : youTrade)

President: May 2011 -

HAYASHI CONSTRUCTION Ltd.

Sakata-shi, Yamagata-pre

Adviser (May 2011 - )
President (June 1999 - May 2011)
Business management executive (Aug. 1981 - June 1999)
Development and Invention: as a project leader

Method of cement slurry injection into concrete structure cracks - Jap. and U.S. patents
Air-tight house method - Jap. Patent
Column frame method for house structure - Jap. Patent
Drawing a profit chart (break-even chart) for standard costing in accounting - U.S. Patent

HONSHYU SHIKOKU BRIDGE AUTHORITY

Tokyo, Japan
July 1970 - Dec. 1979

Assistant Chief/ Chief Supervisor at construction stages of a suspension bridge and other ones
Assistant Chief of Design Section for Bisan-Seto Birdges, Shimotsui-Seto Brdges and others

Invention of suspension bridge anchorage structure, Jap. Patent, 1986
Researches on static and dynamic analyses of suspension bridge

JAPAN HIGHWAY PUBLIC CORP

Tokyo, Japan
April 1968 - July 1970

Assistant Supervisor at construction stage of express highway, Tomei Express highway

EDUCATION

PhD (University of Tokyo) for research into the static and dynamic theories of suspension bridges, Nov. 1978
University of Tokyo

Master of Engineering (Seismic Engineering) Mar. 1967
Bachelor of Engineering (Civil Engineering) Mar. 1965

Sakata Higashi High. Graduate, Sakata-shi, Mar. 1960

RESEARCH DETAILS

Further details available on website

“A Flow Chart to Disprove Errors in the Keynesian Multiplier Effect Theory”, Website, 2005.

In a closed economy, we have ΔY(GVA) =ΔC (Consumption) + ΔI (Private investment) + ΔG (Government investment). Suppose that ΔC/ΔY = a_K (Marginal propensity to consume). From these, we obtain ΔY=(ΔI + ΔG)/(1−a_K). Assuming ΔI=0 gives Keynes’ multiplier effect formula. However, the Keynesian cross condition does not hold because ΔY is really the total of right hand side terms and ΔI is a main component of ΔY.

“A Flow Chart to Disprove Errors in the Keynesian Multiplier Effect Theory”, Website, 2005.

In a closed economy, we have ΔY(GVA) =ΔC (Consumption) + ΔI (Private investment)+ ΔG (Government investment). Suppose that ΔC/ΔY = a_K (Marginal propensity to consume). From these, we obtain ΔY=(ΔI + ΔG)/(1−a_K). Assuming ΔI=0 gives Keynes’ multiplier effect formula. However, the Keynesian cross condition does not hold because ΔY is really the total of right hand side terms and ΔI is a main component of ΔY.

“Accounting System Under Absorption Costing (1)”, U.S. Patent, Nov. 2007.

The objective is to draw a break-even chart under standard costing in accounting expressed in a 45° line chart. This chart is equivalent to the Marginal Profit Chart, in standard costing, where the variable costs are eliminated and the chart has a marginal cost line which falls diagonally from top left to bottom right.

“Profit Planning of an Enterprise Adopting Standard Costing - Support of J.M.Keynes’ Involuntary Unemployment”, Website, 2009.

In the above-mentioned Managed Gross Profit chart, the sales operating profit π^O is separated into Allocation profit π^AC + Managed gross profit π^MO. The concept of J.M.Keynes’ involuntary unemployment problem is discussed with the chart.

“Accounting System Under Absorption Costing (2)”, Patent pending, 2011.

The above-mentioned marginal profit chart in standard costing is transformed into the one where the marginal cost line is horizontal. This profit chart is drawn, unifying direct costing and standard costing.

“Production Theory to Analyze Human Wisdom and Global Phenomena Operations”, Website, 2009.

This paper discusses a disproof of Walras' General Equilibrium Theory and attempts to mathematically formulate the innovation logic presented by J. A. Schumpeter.

“Presentation of the Cash Flow Matrix Analysis for National Accounts and a Consideration of the Leontief Input Output Analysis Theory”, Website, 2011.

In a closed economy, the Leontief inverse matrix is given by X=[E - A] ^–1 Y where Y is a final products vector, X is a total products vector, E is a unit matrix and A is a matrix which shows proportions of intermediate products to X. This should be expressed as Y=H V where V is a GVA values vector, H=[E - A] ^-1[E - B]^-1 and B is another matrix different from A. This expression will be developed into cash flow analysis in economies.