Louis Orth Kelso, Louis Kelso (1913-1991) Political economist, lawyer and merchant banker. Inventor of the Employee Stock Ownership Plan (ESOP) 1989, San Francisco, CA, USA.


Louis Orth Kelso, Louis Kelso (1913-1991) Political economist, lawyer and merchant banker was the inventor of the Employee Stock Ownership Plan (ESOP) in 1956 and Consumer Stock Ownership Plan (CSOP) in 1958. Kelso also authored a number of books, The Fallacy of Full Employment, The Capitalist Manifesto, The New Capitalists and Two-Factor Theory: The Economics of Reality. Kelso was photographed in 1989 in his San Francisco, California office.


Size: 2695px × 4200px
Location: Office, Financial District, San Francisco, California, USA
Photo credit: © Chuck Nacke / Alamy / Afripics
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