Louis O. Kelso

Louis O. Kelso

(1913–1991) political economist United States

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Louis O. Kelso (1913–1991) was a United States political economist.

About Louis O. Kelso

Louis Orth Kelso was a political economist, corporate and financial lawyer, author, lecturer and merchant banker who is chiefly remembered today as the inventor and pioneer of the employee stock ownership plan (ESOP), invented to enable working people without savings to buy stock in their employer company and pay for it out of its future dividend yield. He advocated for the Third Way.

Notable works:

The capitalist manifesto

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