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The book is widely lauded for its brilliant wit, sharp satire, and profound irony, often delivered in a surprisingly funny and entertaining style. Reviewers praise its insightful critique of human nature and societal faults, particularly those prevalent during the Renaissance but still remarkably relevant today. The work is celebrated for its intellectual breadth and depth, offering a thoughtful philosophical meditation combined with trenchant social and religious criticism. Many find its personified Goddess of Folly to be a clever literary device, making the exploration of complex ideas both engaging and enjoyable, while also appreciating the author's Christian humanist perspective and his call for a return to simpler virtues.

Despite its merits, some readers found the book's style to be challenging. Criticisms include its verbose and sometimes tedious prose, characterized by exceptionally long sentences that can make it difficult to maintain focus. The text is also densely packed with numerous references to Greco-Roman lore, classical literature, and scriptural allusions, which many reviewers found obscure and hard to decipher without extensive annotations or prior knowledge. This can lead to a sense of detachment for some, making it difficult to connect with the satirical delights, and one reviewer noted the presence of dated, sexist remarks.

Overall, "In Praise of Folly" is considered a timeless classic that continues to resonate with contemporary readers, offering enduring insights into human folly and wisdom. It is highly recommended for those who appreciate sharp, intellectually stimulating satire, particularly readers interested in Renaissance thought, humanism, and historical critiques of social and religious institutions. While it demands patience and a willingness to engage with its dense allusions and rhetorical style, those who persevere will find it a rewarding and thought-provoking exploration of universal human truths.