The Abhidhamma seems to be often under-appreciated despite its analytical rigour and logical consistency.
In my view, it represents the most authentic Buddhist thought.
Why is Abhidhamma so frequently undervalued?
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Hi Paulo. 
My take is that it is because our defilements are so strong, subtle, and unwavering.
R
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Do you mean among Western converts? Because in Theravada Buddhist countries it is the main focus of monastic education, often to the exclusion of other things.
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Yes, I mean specially Western countries, and perhaps some Mahayanins countries.