---
title: "6 Factors Quotes By Louis O. Kelso"
description: "6 Factors quotes by Louis O. Kelso. Plus more from Louis O. Kelso and more Factors sayings from other authors."
image: "https://sms4smile.com/quotes/i/c48/louis-o-kelso-12324_certain_money-is-not-a-part-of-the-visible-secto_207600.png"
---

> [Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical…](https://sms4smile.com/quotes/louis-o-kelso/money-is-not-a-part-of-the-visible-sector-of-the-economy-people-do/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

[Image](https://sms4smile.com/quotes/i/c48/louis-o-kelso-12324_certain_money-is-not-a-part-of-the-visible-secto_207600.png)

> [Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of today…](https://sms4smile.com/quotes/louis-o-kelso/equality-of-economic-opportunity-in-the-context-of-private-property/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

[Image](https://sms4smile.com/quotes/i/55c/louis-o-kelso-12324_economic_equality-of-economic-opportunity-in-the_390770.png)

> [Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses…](https://sms4smile.com/quotes/louis-o-kelso/technology-plows-through-history-at-an-accelerating-rate-shifting-the/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

[Image](https://sms4smile.com/quotes/i/6a2/louis-o-kelso-12324_burden_technology-plows-through-history-at-an-a_1310162.png)

> [The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor,…](https://sms4smile.com/quotes/louis-o-kelso/the-one-important-distinction-between-the-two-factors-of-production/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

[Image](https://sms4smile.com/quotes/i/e6f/louis-o-kelso-12324_capitalism_the-one-important-distinction-between-th_1320317.jpg)

> [Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It…](https://sms4smile.com/quotes/louis-o-kelso/two-factor-economics-makes-it-clear-that-our-economic-problem-is-not/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

[Image](https://sms4smile.com/quotes/i/f48/louis-o-kelso-12324_clear_two-factor-economics-makes-it-clear-that_1658455.jpg)

> [No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling…](https://sms4smile.com/quotes/louis-o-kelso/no-keynesian-has-ever-proposed-a-measure-designed-to-make-the/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

[Image](https://sms4smile.com/quotes/i/33c/louis-o-kelso-12324_acquire_no-keynesian-has-ever-proposed-a-measure_2980788.jpg)

## Other authors on Factors

## More by Louis O. Kelso

> [It is the institutions of society, not parental genes, that bestow the blessings of ownership of productive capital.](https://sms4smile.com/quotes/louis-o-kelso/it-is-the-institutions-of-society-not-parental-genes-that-bestow-the/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [The primary cause of disorder and lawlessness today, as throughout history, is the poverty of the many in contrast to the affluence of the…](https://sms4smile.com/quotes/louis-o-kelso/the-primary-cause-of-disorder-and-lawlessness-today-as-throughout/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/louis-o-kelso/money-is-not-a-part-of-the-visible-sector-of-the-economy-people-do/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [Take Milton Friedman, he sits at his desk pontificating about such bunk as the monetary system being the answer to our problems. The monetary…](https://sms4smile.com/quotes/louis-o-kelso/take-milton-friedman-he-sits-at-his-desk-pontificating-about-such/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [There is no future for those who cannot or will not think.](https://sms4smile.com/quotes/louis-o-kelso/there-is-no-future-for-those-who-cannot-or-will-not-think/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [They sense that there's a majority out there and that the emotions are all on the other side-if they can be heard. They think…](https://sms4smile.com/quotes/louis-o-kelso/they-sense-that-there-s-a-majority-out-there-and-that-the-emotions/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [Thus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and…](https://sms4smile.com/quotes/louis-o-kelso/thus-the-capital-owner-is-not-a-parasite-or-a-rentier-but-a-worker-a/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same…](https://sms4smile.com/quotes/louis-o-kelso/when-capital-owners-are-few-the-private-property-conduits-of/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/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 today to buy,…](https://sms4smile.com/quotes/louis-o-kelso/equality-of-economic-opportunity-in-the-context-of-private-property/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [If capital produces most of the economy's wealth and income is distributed on the basis of productive input, the individual can hardly reach his…](https://sms4smile.com/quotes/louis-o-kelso/if-capital-produces-most-of-the-economy-s-wealth-and-income-is/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [All this plan does is make everybody a capitalist. I know that the New York Stock Exchange says there are 25 million shareholders in…](https://sms4smile.com/quotes/louis-o-kelso/all-this-plan-does-is-make-everybody-a-capitalist-i-know-that-the-new/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [The schemes to set up blacks in cleaning stores, gas stations, hamburger stands and fried-chicken franchises, all the low-profit, low-capital enterprises, will rivet the…](https://sms4smile.com/quotes/louis-o-kelso/the-schemes-to-set-up-blacks-in-cleaning-stores-gas-stations/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/louis-o-kelso/technology-has-no-function-except-to-save-labor-yet-how-often-do-we/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [There is more to life than material well-being. Who would claim that the wholly wage-dependent family enjoys the dignity, the security, the range of…](https://sms4smile.com/quotes/louis-o-kelso/there-is-more-to-life-than-material-well-being-who-would-claim-that/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [The sooner the world solves its economic problems, the sooner its inhabitants can afford leisure and peace and get on with the non-material things…](https://sms4smile.com/quotes/louis-o-kelso/the-sooner-the-world-solves-its-economic-problems-the-sooner-its/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

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