Louis O. Kelso Quote

But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.


How to turn eighty million workers into capitalists on borrowed money (ed. 1968)


But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and ...

But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and ...

But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and ...

But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and ...