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John Maynard Keynes biography

September 18, 2009 by Roy Johnson

economist and government political adviser

John Maynard Keynes biographyJohn Maynard Keynes (pronounced “Kaynz”) was one the most important figures in the history of economics. He revolutionized the subject with his classic study, The General Theory of Employment, Interest and Money (1936). This is generally regarded as one of the most influential social science treatises of the twentieth century. It quickly and permanently changed the way the world looked at the economy and the role of government in society. He was born in 1883 in Cambridge into an academic family. His father, John Nevile Keynes, was a lecturer at the University of Cambridge teaching logic and political economy. His mother Florence Ada Brown was a remarkable woman who was a highly successful author and a pioneer in social reform. She was also the first woman mayor of Cambridge. An interesting family detail is that although Keynes lived to the age of sixty-three, both his parents outlived him.

He was educated at Eton and King’s College Cambridge where his intelligence made him very successful. He was almost immediately elected into the secret society known as the Cambridge Apostles. There he met Lytton Strachey and Leonard Woolf, who became his lifelong friends. It was through these connections that he became part of the Bloomsbury Group.

In 1908 he began a serious affair with the painter Duncan Grant. Keynes had numerous affairs with other young men, but never he never had the slightest legal or social trouble, even though homosexuality was illegal at that time. This charmed life can be explained by his combination of personal brilliance, family and professional connections, and remarkable self-confidence. Keynes lectured in economics at Cambridge on and off from 1908. He also worked at the India Office and in 1913 as a member of the Royal Commission on Indian finance and currency, published his first book on the subject.

John Maynard Keynes - The Economic Consequences of the PeaceHe represented the Treasury at the Versailles Peace Conference, but resigned in strong opposition to the terms of the draft treaty which he set out in his next book Economic Consequences of the Peace, (1919). Keynes argued that the war reparations imposed on Germany could not be paid by a country which had been devastated by war. He warned that this would lead to further conflict in Europe – which of course turned out to be true.

In 1925 Keynes married a Diaghilev ballerina, Lydia Lopokova, but they never had children. With his wife he helped to found the Vic-Wells ballet. He also financed the establishment of the Arts Theatre, Cambridge. Although he never earned a great deal from either his academic or government appointments, he made himself quite rich by stock market investments. He was reputed to spend the first part of every day in bed, telephoning instructions to his stock-broker. Of course he had the advantage of knowing what the government’s economic policies were going to be (since he helped to establish them) – so this sort of activity is what we would today call ‘insider trading’.

In 1936 Keynes published his most important book A General Theory of Employment, Interest and Money. It revolutionized economic theory by showing how unemployment could occur involuntarily. Keynes argued that the lack of demand for goods and rising unemployment could be countered by increased government expenditure to stimulate the economy.

By 1937 Keynes’ health began to deteriorate. He would never be fully fit again. However, his expertise was such that he was given an honorary role in the Treasury during World War Two. One of the most important projects he was involved in during his last years was the setting up of the International Monetary Fund.

In 1942 Keynes was elevated to the peerage and took his seat in the House of Lords, where he sat on the Liberal benches. Around the same time he became chairman of the newly formed Committee for the Encouragement of Music and the Arts which, before the end of the war, was renamed the British Arts Council. He died in 1946.


John Maynard Keynes biography


Bloomsbury Group – web links

Bloomsbury Group - web links Hogarth Press first editions
Annotated gallery of original first edition book jacket covers from the Hogarth Press, featuring designs by Vanessa Bell, Roger Fry, and others.

Bloomsbury Group - web links The Omega Workshops
A brief history of Roger Fry’s experimental Omega Workshops, which had a lasting influence on interior design in post First World War Britain.

Bloomsbury Group - web links The Bloomsbury Group and War
An essay on the largely pacifist and internationalist stance taken by Bloomsbury Group members towards the First World War.

Bloomsbury Group web links Tate Gallery Archive Journeys: Bloomsbury
Mini web site featuring photos, paintings, a timeline, sub-sections on the Omega Workshops, Roger Fry, and Duncan Grant, and biographical notes.

Bloomsbury Group - web links Bloomsbury: Books, Art and Design
Exhibition of paintings, designs, and ceramics at Toronto University featuring Hogarth Press, Vanessa Bell, Dora Carrington, Quentin Bell, and Stephen Tomlin.

Bloomsbury Group - web links Blogging Woolf
A rich enthusiast site featuring news of events, exhibitions, new book reviews, relevant links, study resources, and anything related to Bloomsbury and Virginia Woolf

Bloomsbury Group - web links Hyper-Concordance to Virginia Woolf
Search the texts of all Woolf’s major works, and track down phrases, quotes, and even individual words in their original context.

Bloomsbury Group - web links A Mrs Dalloway Walk in London
An annotated description of Clarissa Dalloway’s walk from Westminster to Regent’s Park, with historical updates and a bibliography.

Bloomsbury Group - web links Women’s History Walk in Bloomsbury
Annotated tour of literary and political homes in Bloomsbury, including Gordon Square, University College, Bedford Square, Doughty Street, and Tavistock Square.

Bloomsbury Group - web links Virginia Woolf Society of Great Britain
News of events, regular bulletins, study materials, publications, and related links. Largely the work of Virginia Woolf specialist Stuart N. Clarke.

Bloomsbury Group - web links BBC Audio Essay – A Eulogy to Words
A charming sound recording of a BBC radio talk broadcast in 1937 – accompanied by a slideshow of photographs of Virginia Woolf.

Bloomsbury Group - web links A Family Photograph Albumn
Leslie Stephens’ collection of family photographs which became known as the Mausoleum Book, collected at Smith College – Massachusetts.

Bloomsbury Group - web links Bloomsbury at Duke University
A collection of book jacket covers, Fry’s Twelve Woodcuts, Strachey’s ‘Elizabeth and Essex’.

© Roy Johnson 2000-2014


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Filed Under: Bloomsbury Group Tagged With: Bloomsbury Group, Cultural history, John Maynard Keynes, The Economic Consequences of the Peace

The Bloomsbury Group: who were they?

August 5, 2009 by Roy Johnson

modernist culture and arts 1900-1950

The Bloomsbury Group is a name given to a loose collection of writers, artists, and intellectuals who came together during the period 1905-06 at the home of Virginia Woolf and her sister Vanessa Bell. Following the death of their father, Sir Leslie Stephen, they set up home in Gordon Square, Bloomsbury, in central London, close to the British Museum.

The group included Virginia Woolf (writer) and her husband-to-be Leonard Woolf (writer and later political figure); her sister Vanessa Bell (artist) and her husband Clive Bell; the artist and critic Roger Fry; the novelist E.M.Forster and poet T.S.Eliot; economist John Maynard Keynes and philosopher Bertrand Russell; the writers Gerald Brenan, Lytton Strachey, and Vita Sackville-West; artists Duncan Grant and Dora Carrington.


The Bloomsbury GroupThe Bloomsbury Group is a short but charming book which explores the impact of Bloomsbury personalities on each other, plus how they shaped the development of British modernism. It’s actually the illustrated catalogue of an exhibition at the National Portrait Gallery. But most of all it’s a delightful collection of portrait paintings and photographs, with biographical notes. It has an introductory essay which outlines the development of Bloomsbury, followed by a series of portraits and the biographical sketches of the major figures.

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Toby invited his friends to soirees, and Vanessa invited hers. The two groups met, networked, formed liaisons with each other (that’s putting it mildly) and created some of the central works of the modernist movement in Britain in the period 1905-1930.

They were in conscious revolt against the artistic, social, and sexual restrictions of the Victorian age. They were on the whole from an upper middle class intellectual elite, but it has to be said that in their personal lives they defied the status quo, and most of them were very productive.

In fact, the true centre of the group was Cambridge University, where their brother Toby had met a number of intellectuals who had come under the influence of G.M. Moore, whose Principia Ethica (1903) had made a serious impression on undergraduates who formed a group called the ‘Apostles’. He propounded a notion of ethics which rested on the pursuit of friendship, happiness, and the cultivation of the intellect.


Bloomsbury RecalledBloomsbury Recalled is written by Quentin Bell, one of the last surviving members of the Bloomsbury circle. He offers a disarmingly candid portraits of his father, Clive Bell, who married the author’s mother, Vanessa Stephen (Virginia Woolf’s sister). He pursued love affairs while Vanessa, after a clandestine affair with art critic Roger Fry, lived openly with bisexual painter Duncan Grant, with whom she had a daughter, Angelica. Clive, Duncan and Vanessa were reunited under one roof in 1939, and the author conveys a sense of the emotional strain of growing up in ‘a multi-parent family.’ Acclaimed biographer of his aunt, Virginia Woolf, Bell here defends her as a feminist and pacifist. Along with chapters on John Maynard Keynes, Ottoline Morrell and art historian-spy Anthony Blunt, there are glimpses of Lytton Strachey, novelist David Garnett (Angelica’s husband) and Dame Ethel Smyth, the pipe-smoking lesbian composer, who fell in love with Virginia Woolf.
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Influenced by this notion of free-spirited friendship, intellectual liberty, and radical life-styles, many of the men were conscientious objectors during the First World War. They were liberals or socialists at a time when the English establishment was overwhelmingly conservative; and in their personal relationships they pushed back the boundaries of what could be done in a way which was not seen again until the 1960s.

Many of these people became sexually involved with each other in a way which even now seems quite bewildering. Married to one person, but in cahoots with someone else, often of the same sex. Some of them even lived with a person of the opposite sex yet shared the same lover.

It has to be remembered that at that time homosexuality was a criminal offence (though only for men) and many gay men got married as a legal cover and a smokescreen to provide social legitimacy.

There were also lots of minor figures who are counted amongst the Bloomsbury Group – people such as Harold Nicolson (diplomat and writer); Mark Gertler (painter); Desmond MacCarthy (literary critic); Saxon Sydney-Turner (civil servant); David Garnett and John Lehmann (writers); and Ottoline Morrell (social hostess).


Among the BohemiansAmong the Bohemians: Experiments in Living 1900—1930 was written by Virginia Nicholson, Quentin Bell’s daughter and grand-daughter of Vanessa Bell, who was Virginia Woolf’s sister. Bloomsbury lies at the heart of the book in its portraits of Ralph Partridge, Virginia Woolf, Duncan Grant, Lytton Strachey, Dora Carrington, and Katherine Mansfield, plus peripheral figures such as Arthur Ransome, Rupert Brooke, Augustus John, Nina Hamnett, and Dylan and Caitlin Thomas. Very amusing, well written, and every page dense with top class gossip and anecdotes. She looks at their tangled love lives naturally, but also their radical ideas on money (and poverty) food, dress, and even child-raising. Highly recommended.
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The intellectual connections between these people were amazing. For instance, the Woolfs established the Hogarth Press in their own home as a hobby-cum-therapy to help Virginia through her periods of depression and madness. The Press published not only her own works, but books by T.S.Eliot, Vita Sackville-West, and Christopher Isherwood. They even pioneered the work of Sigmund Freud, whose writing was translated by James Strachey, Lytton Strachey’s brother.

It also has to be said that many of the group were enormously productive and high-achievers. Despite her periods of mental illness, Virginia Woolf was a voluminous diarist and letter writer – as was her husband Leonard Woolf. Together they also ran the Hogarth Press. Economist John Maynard Keynes produced an almost unbroken stream of influential political studies and policy documents whilst working in a number of high-ranking government positions. And Vita Sackville-West was a best-selling novelist and award-winning poet who also wrote books on historic houses and gardens.


A Bloomsbury CanvasA Bloomsbury Canvas is a selection of essays on the Bloomsbury Group. Essayists include Hermione Lee, biographer of Virginia Woolf; art historians Richard Shone and Frances Spalding; Nigel Nicolson, author of Portrait of a Marriage, a study of his parents, Vita Sackville-West and Harold Nicolson; and the last survivors of those closely connected to the Bloomsbury Group – Frances Partridge, Quentin Bell and Angelica Garnett. The text is illustrated with many previously unpublished works.
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© Roy Johnson 2003


More on biography
More on the Bloomsbury Group
Twentieth century literature


Filed Under: Bloomsbury Group Tagged With: Bertrand Russell, Biography, Bloomsbury Group, Clive Bell, Cultural history, Dora Carrington, Duncan Grant, E.M.Forster, John Maynard Keynes, Leonard Woolf, Lytton Strachey, Roger Fry, T.S.Eliot, Vanessa Bell, Virginia Woolf

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