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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 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.

John Maynard Keynes#18

CriticismErrorCritiqueLogicBookBooksTheory

About this quote

What does it mean?
The book reviewed is logically flawed yet influential, showing how a small error can lead to absurdity.
In plain terms
This book is confusing but will still impact readers because of its forceful logic.
What can you take from it?
A fundamental error can lead to a flawed but influential argument.

Where it applies

  • book review
  • academic critique
  • theory evaluation

Putting it to work

  • check premises
  • review logic
  • assess impact

Questions to consider

  • Does influence outweigh accuracy?
  • How do errors spread in logic?

Another view

Even flawed ideas can have valuable insights.

More from John Maynard Keynes

  1. There was an attraction at first that Mr Baldwin should not be clever. But when he forever sentimentalises about his own stupidity, the charm is broken.

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  2. Ideas shape the course of history.

    Permalink to quote #19
  3. They offer me neither food nor drink - intellectual nor spiritual consolation... [Conservatism] leads nowhere; it satisfies no ideal; it conforms to no intelle…

    Permalink to quote #16

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