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In a book, I came across a sentence

The UK economist John Maynard Keynes (1883–1946), for example, argued that the world is ruled by little other than the ideas of economic theorists and political philosophers.

I was not able to understand the meaning of the highlighted text.

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I see why you're having difficulties. The dictionaries aren't very clear on this.

Here's one I found to be relatively good: https://www.macmillandictionary.com/dictionary/british/no-nothing-little-more-than

Basically it means that:

the world is ruled by the ideas of economic theorists and political philosophers and not much else.

Or maybe to put it even simpler

the primary rulers of the world are the ideas of economic theorists and political philosophers and there is a small chance that some other ideas have some influence.

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