This seems like it should be true abstractly, but concretely I've never met anyone with deep experience in a specific domain who didn't in the process gain enough experience in other domains to have basic competence in multiple domains. Not necessarily as much as specialists in those domains, but it's practically required to achieve the depths of experience in the domain you think they specialized in.
(Which is not usually the domain they thought they were specializing in.)
This is particularly relevant where there isn't a clean separation of concerns and the involved skills are highly transferable.
I don't think this analogy works, because CompSci and English are pretty unrelated to each other as fields, whereas frontend and backend by definition work together to create a product. That makes a person experienced in both worth more when working on either, because they're more likely to have in mind the entire system when they do design decisions pertaining to their side of the network.
But in general, I think this is just a different mindset, I love being able to be independent, and complete a stories from FE to BE. I used to be in a position where I could only do FE work, and it really scared me. I had no clue where critical data was coming from, if something went wrong, I couldn't debug our APIs, I was in the dark constantly. Now if something goes wrong, I can switch over to our backend, debug, write extra test cases to cover the bug and push code. I also understand what BE engineers are talking about, and when designing a new feature, it's much easier to come up with new APIs.
In my team I’m just the only FE, so naturally most of that work falls on me. There are months where I only did BE stories.
So in a world where your choices are 1) learn other tech within our toolbox or 2) learn stuff in your domain but outside of the scope of your current work... only one of those is okay to do much of on work time.
All those ES2018 features and CSS variables may be cool things a front-end engineer should be learning, but if we have to support older browsers then I don't get to use any of it.
Learning only the stuff that covers your immediate working needs isn't a winning strategy, neither for you nor for the company.
No battle plan survives contact with the enemy. There are tons of strategies I know to solve problems that I never use because it confuses other people (and some of them confuse me too when I look at them six months later). That's experience. That's wisdom. You won't find that in a private github repository, and only those who already know what they're looking for will find it in a book.
Book learning ain't bad; in my experience, most of the developers I know would do well if they picked an actual book every now and then. It's not as good as hands-on experience, but still miles ahead of "learning" by StackOverflow-driven development. Experience is an important piece of the puzzle of wisdom, but it's not the whole thing. You need to also have understanding, and reading (and thinking about what you read) is a good way to acquire insight.
WRT. closing the loop, your users and peers aren't the only way to close a loop (and arguably, they can only provide certain kinds of feedback that are very context-specific). Trying things out for yourself is also a good way to close the loop through feedback from reality itself (e.g. whether something works, or how difficult you find it, are such pieces of feedback). On top of that, peer/customer feedback makes no sense for a lot of useful knowledge - for instance the new ES2018 and CSS features you've mentioned upthread.
Someone with understanding of both FE and BE is valuable in certain situations. Companies love the idea of a "full stack engineer" because they believe they are getting two for the price of one. But in practice, and accounting for exceptions, that's not necessarily the case. A full-time FE with equal experience will be better at the front than a FE/BE and a full-time BE with equal experience will be better at the back than a FE/BE. This is the reality of having deep experience in a specific domain. As an attempt at an example, if you went to college and got an English minor and a CompSci minor you'd be capable in both areas but you would likely not be as knowledgeable as an English major nor a CompSci major within the respective domain.
This divide becomes much more visible when you see a FE/BE architect a solution versus a full time FE or BE. When fixing bugs and implementing straight-forward features a FE/BE has a handy skill set. But when you move past that point, deep experience within an area starts to show it's value.