No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital.
Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be. - Louis O. Kelso
Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.
- Louis O. Kelso
The poor lack money. They lack money because they do not know the secret of productive wealth. They know it is possible to be old, unemployed, uneduc… - Louis O. Kelso
The poor lack money. They lack money because they do not know the secret of productive wealth. They know it is possible to be old, unemployed, uneduc…
People are hungering for property — for a secure, permanent and independent link with spaceship earth that ownership represents and which only owners… - Louis O. Kelso
People are hungering for property — for a secure, permanent and independent link with spaceship earth that ownership represents and which only owners…
Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs? - Louis O. Kelso
Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?
There is no future for those who cannot or will not think. - Louis O. Kelso
There is no future for those who cannot or will not think.
Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of to… - Louis O. Kelso
Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of to…
The point is to make the pie grow faster and distribute the new growth more equitably. - Louis O. Kelso
The point is to make the pie grow faster and distribute the new growth more equitably.
The path the capitalist revolution will take faces in exactly the opposite direction from that taken by the communist revolution. It seeks to diffuse… - Louis O. Kelso
The path the capitalist revolution will take faces in exactly the opposite direction from that taken by the communist revolution. It seeks to diffuse…
Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yar… - Louis O. Kelso
Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yar…
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