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I was a graduate student in the mid-1960's. It was standard at the time
to assign two articles by Francis Bator: "The Simple Analytics of
Welfare Maximization," American Economic Review, March 1957, and
"The Anatomy of Market Failure," Quarterly Journal of Economics
1958. My memory is that the AER piece especially is a masterful
exposition, and well worth looking at. My impression is that
intermediate micro text discussions of welfare economics reflected
Bator's treatment for many years after publication of these articles.
Robert S. Goldfarb
George Washington University
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