Masayuki Otaki is a professor of economics at the Institute of Social Sciences at the University of Tokyo; and academic advisor of the Research Institute of Capital Formation, Development Bank of Japan. His main areas of research are macroeconomic theory, environmental economics, educational economics, and economic thought. Born in 1957, Prof. Otaki received a Bachelor’s degree in economics at the University of Tokyo in 1981 and a Ph.D. in economics at the University of Tokyo in 1990. He was appointed professor of economics at the Institute of Social Sciences at the University of Tokyo in 2001.