Louis O. Kelso Quotes
Top 15 wise famous quotes and sayings by Louis O. Kelso
Louis O. Kelso Famous Quotes & Sayings
Discover top inspirational quotes from Louis O. Kelso on Wise Famous Quotes.
The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.
The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.
Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.
It is the institutions of society, not parental genes, that bestow the blessings of ownership of productive capital.
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?
Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.
The rising productivity of labor is a myth, a statistical illusion created by measuring combined output in terms of labor input.
Our present predicament comes from the fact that running the economy on blood is no longer fashionable. We can't end this depression with another war.