Ian Malcolm David Little, 1918-

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I.M.D. Little's reputation in economic theory rests almost entirely on his widel-diffused 1950 tract, A Critique of Welfare Economics. In it, he tore apart the welfare theories of Hicks and Kaldor and, in a way, paved the way for rise of social choice theory. This Oxford philosopher-turned-economist subsequently moved on to development economics in the latter phases of his career.

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