Louis X Factor Quotes & Sayings

Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses his highest ingenuity to avoid servile labor. — Louis O. Kelso

No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital. — 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 production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies. — Louis O. Kelso

In week one of the 'X Factor,' just to be a little bit quirky, I decided to say that I like girls who eat carrots. Ever since I've had lots and lots and lots of carrots. — Louis Tomlinson

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 is an inequitable distribution of productive power, from which an unworkable distribution of income results. — Louis O. Kelso

The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be. — Louis O. Kelso

I'm a couch potato. I love to stay in and just watch a DVD with the missus. Or we all go over to Louis's house and watch 'X Factor.' — Zayn Malik