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About this quote

What does it mean?
Tax avoidance is portrayed as the only intellectual activity that yields personal gain.
In plain terms
The only smart thing you do to benefit yourself is avoid taxes.
What can you take from it?
Personal financial gain often drives intellectual effort.

Where it applies

  • finance
  • policy discussion
  • humor

Putting it to work

  • audit tax laws
  • analyze incentives
  • use humor

Questions to consider

  • Is profit the best incentive?
  • Is tax avoidance really intellectual?

Another view

Many intellectual pursuits are motivated by curiosity not just profit.

More from John Maynard Keynes

  1. Ideas shape the course of history.

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  2. Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

    Permalink to quote #21
  3. The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [H…

    Permalink to quote #18

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