Nicholas Kaldor

Economist and welfare theory contributor

Nicholas Kaldor - Economist and welfare theory contributor
Born

May 12th, 1908
117 years ago

Died

September 30th, 1986
39 years ago — 78 years old

Category

Thinkers & Philosophers

Country

Hungary/United Kingdom

Links & References

An economist focused on welfare economics, growth theory, and the theory of distribution. Developed theoretical frameworks that influenced economic policy in both Hungary and the United Kingdom. Contributed to the understanding of the relationship between economic efficiency and equity. Worked as a professor at the University of Cambridge and participated in economic debates shaping post-war economic policies. Played a significant role in establishing the foundations of modern economic thought.

Developed Kaldor-Hicks efficiency

Contributed to the theory of effective demand

Influenced post-war economic policies

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