The basic propositions are now quite familiar.But at the time they were explosive stuff for the British economic establishment and also for many American economists on the Eastern seaboard.

• 人们如今对这些基础理论已经很熟悉，但在当时，对于英国的经济界和美国东海岸的许多经济学家而言，这些理论极具爆炸性。