Does Size Matter?

He Pingping, stood 74cm (2ft, 5in).

Would it be wrong to erect a 50-foot statue 

in honour of the world's smallest man?

The shoes, alone, would be no small feet.

Tthe world's tallest man. Sultan Kosen, 8 ft 1 in (246.5 cm),
meets the shortest man in the world, 2 ft 5.37 in (74.61 cm) He Pingping.

In case you doubted that he was a full grown man.

Here's the wiki link to He Pingping.