The Period of Transition, 1925–31

Abstract

The years surrounding the preparation of the Treatise were transitional for Keynes in many respects. In August 1925, after living with her for some time, he married Lydia Lopokova of the Diagilev Ballet.¹ The result was somewhat greater distance from the rest of Bloomsbury: ‘they had now become a delightful recreation instead of being the main background of his life’² With his marriage, Keynes took a lease on Tilton, a farmhouse at Firle in Sussex and he came to divide his life roughly as follows: London during the week, Cambridge for long weekends during term and Tilton for vacations. He also visited Russia for the first time, became even more involved in Liberal Party politics and policy formulation and took a much more active part in industrial affairs. For economists, however, and probably for history, the Treatise on Money takes precedence.