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Francis Bator has died

Summary:
Francis Bator, the economist who popularized the term “market failure”, has died at the age of 92 after being hit by a car. His NY Times obituary is here. Francis’ passing is a cause of sadness for me as my book, Economics In Two Lessons draws heavily on his work from the 1950s and 1960s. He had read excerpts on Crooked Timber and corresponded with me about it, much to my surprise and delight. I was looking forward to sending him the manuscript but now I won’t get the chance.

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Francis Bator, the economist who popularized the term “market failure”, has died at the age of 92 after being hit by a car. His NY Times obituary is here.

Francis’ passing is a cause of sadness for me as my book, Economics In Two Lessons draws heavily on his work from the 1950s and 1960s. He had read excerpts on Crooked Timber and corresponded with me about it, much to my surprise and delight. I was looking forward to sending him the manuscript but now I won’t get the chance.

John Quiggin
He is an Australian economist, a Professor and an Australian Research Council Laureate Fellow at the University of Queensland, and a former member of the Board of the Climate Change Authority of the Australian Government.

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