By Louis O. Kelso England of the mid-nineteenth century, in the throes of the Industrial Revolution, was not a pleasant…
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By Louis O. Kelso and Patricia Hetter Kelso Now that the Marxist-Leninist economies have failed in practice, the Soviet Union,…
ESOP: Employee Stock Ownership Plan. The ESOP is designed to build capital ownership into employees of a business in the course…
Louis O. Kelso (1913-91) was a political economist in the classical tradition of Smith, Marx and Keynes. He was also…
By Richard M. Coughlin ABSTRACT: This paper addresses two major problems of contemporary welfare states. The first concerns the increases in…
By Jerry N. Gauche ABSTRACT Binary economics offers a new paradigm for economic growth in which the supply and demand…
By Patricia Hetter Kelso The ancient Greek poet Archilochus observed: “The fox knows many things, but the hedgehog knows one…
In March 1984, Louis O. Kelso delivered an address at the Air Line Pilots Association Retirement and Insurance Seminar in Washington…
On January 21, 2019, Jason Lemon writes on Newsweek: The 26 richest people in the world have as much combined…
On January 20, 2018, Aimee Picchu writes on CBS News: Income inequality is creating what charity Oxfam International calls a…