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Louis O. Kelso Quotes: We have an economic policy that is just about 10,000 years out of date.
         

We have an economic policy that is just about 10,000 years out of date.


Louis O. Kelso
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"Louis O. Kelso Quotes." Quoteslyfe.com, 2024. Sun. 22 Dec. 2024. <https://www.quoteslyfe.com/quote/We-have-an-economic-policy-that-is-827709>.





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Other quotes of 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.

Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.



Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.

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 uneasy ghost of Marx must suffer the torments of the damned at the truth glaring from the pages of history that one does not abolish property by transferring it to the state.

The uneasy ghost of Marx must suffer the torments of the damned at the truth glaring from the pages of history that one does not abolish property by transferring it to the state.



Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.

Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.



The point is to make the pie grow faster and distribute the new growth more equitably.

The point is to make the pie grow faster and distribute the new growth more equitably.



There is no future for those who cannot or will not think.

There is no future for those who cannot or will not think.



Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.

Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.



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?

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?



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.

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.



The sole missing link is the recognition that the acquisition of capital ownership by the millions is an indispensable goal. That is the turning point - our recognition of the proper goal.

The sole missing link is the recognition that the acquisition of capital ownership by the millions is an indispensable goal. That is the turning point - our recognition of the proper goal.





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Yoga is the practice of radical transformation

Yoga is the practice of radical transformation



Skiing is the best way in the world to waste time.

Skiing is the best way in the world to waste time.



My mother married my father in 1956. She was twenty-eight, and he was thirty-one. She loved him with a fierce steadiness borne of loyalty, determination, and an unyielding dignity.

My mother married my father in 1956. She was twenty-eight, and he was thirty-one. She loved him with a fierce steadiness borne of loyalty, determination, and an unyielding dignity.



Imagine being served a plate of sushi. But this plate also holds all of the animals that were killed for your serving of sushi. The plate might have to be five feet across.

Imagine being served a plate of sushi. But this plate also holds all of the animals that were killed for your serving of sushi. The plate might have to be five feet across.



You don't have to think about love; you either feel it or you don't.

You don't have to think about love; you either feel it or you don't.



Laws should be made, not against quacks but against superstition.

Laws should be made, not against quacks but against superstition.



Hurry up, please, its time.

Hurry up, please, its time.



Never risk what you have and need for what we don't have and don't need.

Never risk what you have and need for what we don't have and don't need.



Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.

Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay.



You think your friends have good taste in fashion, until they ask you to wear an ugly bridesmaid dress!

You think your friends have good taste in fashion, until they ask you to wear an ugly bridesmaid dress!




Quote Description


This page presents the quote "We have an economic policy that is just about 10,000 years out of date.". Author of this quote is Louis O. Kelso. This quote is about economic policy, wisdom, politics, years,.