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Francis M. Bator

Francis M. Bator
Deputy National Security Advisor
In office
October 1965 – September 1967
President Lyndon B Johnson
Preceded by [Carl Kaysen]
Personal details
Born (1925-08-10) August 10, 1925 (age 91)
Budapest, Hungary
Political party Democrat
Alma mater Massachusetts Institute of Technology
Profession professor, economist
Academic career
Doctoral
advisor
Robert Solow

Francis Michel Bator (born August 10, 1925) is an American economist and educator. He is a professor emeritus at Harvard Kennedy School of political economy. He was born in Budapest, Hungary. Bator attended the Massachusetts Institute of Technology and earned a Ph.D. in 1956. He was Deputy National Security Advisor of the United States from 1965 to 1967. He was also a Special Assistant to President Lyndon B. Johnson. Francis M. Bator is Lucius N. Littauer Professor of Political Economy Emeritus in Harvard’s Kennedy School of Government where he was founding chairman of the School’s Public Policy Program, and director of studies in its Institute of Politics. Before coming to Harvard in 1967 he served as deputy national security advisor to President Lyndon Johnson covering U.S.-European relations and foreign economic policy. On the occasion of his departure from the White House, The Economist of London headed an article about his service “Europe’s Assistant.”

Bator's 1958 article “The Anatomy of Market Failure,” was recently described as “the standard reference” to the “approach [that] now forms the basis of …textbook expositions in the economics of the public sector.” His 1960 book, The Question of Government Spending, was described in the Economic Journal “as a model of the sort of contribution which the economist can make to informed public discussion” and in the NYT as one of seven books that influenced President Kennedy’s approach to the presidency.

Educated at MIT, S.B. ’49, Ph.D. ’56, Bator has served as Senior Economic Advisor in the USAID, Special Consultant to the Secretary of the Treasury, and as consultant to the departments of state and defense, the RAND Corporation, and McKinsey & Co. He has been a member of the President’s Committee on International Monetary Arrangements, the Foreign Affairs Task Force of the Democratic Advisory Council of Elected Officials, the U.S. member of U.N. Commissions on economic projections and on international monetary reform, and a director of the Atlantic Council. He is a fellow of the American Academy of Arts and Sciences, a member of the Council of Foreign Relations, and of the US Army Infantry School Hall of Fame. He holds the U.S. Treasury Department’s Distinguished Service Award.

Explanation and Advocacy

Macroeconomics and Macro Policy for the Persistent Lay Reader "Fiscal and Monetary Policy: In Search of a Doctrine" Economic Choices: Studies in Tax/Fiscal Policy, Center for National Policy, 1982; "Must We Retrench?" Foreign Affairs, Spring 1989; "The State of Macroeconomics" Employment and Growth: Issues for the 1980s, Kluwer Academic Publishers 1987; "America's Inflation" The Economist, March 21–27, 1981; "The Energy-Inflation Connection" Washington Post, April 17, 1980; "The Political Economics of International Money" Foreign Affairs, October 1968; "Money and Government" Atlantic Monthly, April 1962; The Question of Government Spending, Harper & Brothers, 1960. Also: "On Deficit Cutting" Regional Review, Federal Reserve Bank of Boston, Summer 1995; "GNP Budgeting: Old Theory, New Reality" Challenge, September–October 1989; "Budgetary Reform: Notes on Principles and Strategy" The Review of Economics and Statistics, May, 1963; "On Government Spending" Proceedings of a Symposium on the Federal Budget, American Bankers Association, 1968; "Fine Tuning" and "Functional Finance" The New Palgrave Dictionary of Economics, 1987; "Saving, Investment, and the Federal Budget: A Primer," Bulletin, Kennedy School of Government, Winter 1990.


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