Louis O Kelso: 2 books
Democracy and Economic Power
Extending the ESOP Revolution through Binary Economics
Language: English
Release Date: January 1, 1986
Powerful institutions do not change until compelled to. The catalyst of change is a crisis which threatens the society’s life. Such a crisis now confronts the West. Louis Kelso and co-author Mortimer J. Adler saw this crisis coming more than fifty years ago. In The Capitalist Manifesto (Random House,...
by Louis O. Kelso, Mortimer J. Adler
Language: English
Release Date: January 23, 2017
Language: English
Release Date: January 23, 2017
In 1956, a U.S. lawyer-economist, Louis O. Kelso, created the employee stock ownership plan (ESOP) to enable the employees of a closely held newspaper chain to buy out its retiring owners. Two years later, Kelso and his co-author, the philosopher Mortimer J. Adler, explained the macro-economic theory...