“Economic Thought of Cambridge, Oxford, LSE
and the Transformation of the Welfare State”

10:15

Opening

10:30-12:00

In Memoriam of Professor Yuichi Shionoya, focusing on welfare economics and the welfare state

Chair: Reiko Gotoh (Institute of Economic Research, Hitotsubashi University)

Naoshi Yamawaki (Seisa University, Professor Emeritus, Tokyo University)
“Shionoya on the normative as well as historical  economics and the non-utilitarian perspective of welfare economics”

Tamotsu Nishizawa (Teikyo University, Professor Emeritus Hitotsubashi University)
“Professor Shionoya's works around and after the  'No Wealth but Life' ”

Comment: Yukihiro Ikeda (Keio University)

12:00-13:30

Lunch

13:30-15:00

Chair: Roger Backhouse

Antoinette Baujard (University Jean Monnet de Saint Etienne)
“Sen is not a capability theorist”

Constanze Binder (Erasmus University Rotterdam)

"Capabilitarianism: Some Lessons from its Welfare Economic Roots"

Comment:  Reiko Gotoh  (Hitotsubashi University)

15:00-15:15

Coffee

15:15-16:15

Chair: Steve Medema

Kotaro Suzumura (Japan Academy, Professor Emeritus, Hitotsubashi University and Waseda University)

"Pigou's  "Old" Welfare Economics , Hicks's Farewell to Welfarism, and Sen's Non-Consequentialist Economics of Well-Being and Freedom"

Comment: Roger Backhouse

16:15-16:30

16:30-18:00

Chair: Antoinette Baujard

Peter Cain (Professor Emeritus, Sheffield Hallam University)

"Quality before Quantity:  John Ruskin's Influence on J. A. Hobson's Pre-1914 Welfare Economics"

Comment: Tamotsu Nishizawa

Steve Medema (University of Colorado Denver)

"Non-Welfarism in the Early Debates Over the Coase Theorem:  The Case of Environmental Economics"

Comment:  Masahiro Kawamata (Keio University)

10:30-12:00

Chair: Steve Medema

Satoshi Yamazaki (Kochi University)
“Reexamination of Pigou's Welfarism:  A Non-Welfarist Approach?”

Comment: Steve Medema

Nao Saito  (Tohoku Gakuin University)
“Welfarist or non-welfarist? The Development of Arrow's Idea of Justice”

Comment: Constanze Binder

12:00-13:45

Lunch

13:45-14:45

Chair: Peter Cain

Roger Backhouse (University of Birmingham and Erasmus University Rotterdam)
“The origins of the New Welfare Economics”

Comment: Akiyoshi Arakawa (Rikkyo University)

14:45-15:05

Coffee

15:05

Opening: Toshiaki Hirai

Session I

15:10-17：25

Chair: Toshiaki Hirai

Carlo Crisitiano(University of Pisa)
“The coming of Keynes to Wall Street, 1931-1939”

Comment: Jan　Kregel

Atsushi Komine (Ryukoku University)
“Recent Research on Keynes:  After the Financial Crisis of 2007 / 8”

Comment:  Jiro Obata (Rissho University)

Toichiro Asada (Chuo University)
“Mathematical Formalization of Macroeconomic Stabilizaion Policy in a High-dimensional Dynamic Keynesian Model with Public Debt Accumulation”

Comment: Ryuzo Kuroki

Session II.

10:00-11:30

Chair: Sergio Nisticò

Atsushi Naito (Ohtsuki City College)
“ Relevance of  the Euthanasia of the Rentier Concept”

Comment: Yasutoshi Noshita (Kokushikan University)

Toshiaki Hirai ( Professor Emeritus, Sophia University)
“Keynes and the Postwar World Order Planning - Internationalism,  the British Empire Interests and Pragmatism”

Comment: Carlo Crisitiano

11:30-13:30

Lunch

Session III.

Chair: Ryuzo Kuroki (Rikkyo University)

13:30-14:15

Jan Kregel (Levy Economics Institute of Bard College)
“Keynes and Minsky on Financial Regulation and Finacial Fragility in the Context of International Economic Coordination”

Comment: Yoshio Watanabe (Meiji University)

14:15-14:45

Coffee

14:45-16:15

Sergio Nisticò (University of Cassino and Southern Lazio)
“Keynes's Investment Theory as a Micro-foundation for Keynes's Grandchildren”

Comment: Asahi Noguchi (Senshu University)

Yasuhiro Sakai (Professor Emeritus, University of Tsukuba and  Shiga University)
“J. M. Keynes versus F. H. Knight:  How to deal with  Risk, Probability and Uncertainty”

Comment: Sergio Nisticò