World War II and the Postwar Open Economies System

Paul Davidson

Chapter 8 in John Maynard Keynes, 2007, pp 116-125 from Palgrave Macmillan

Abstract: Abstract As early as 1931, Keynes began to experience episodes of severe pains in his chest and shortness of breath that “were tell-tale signs of coronary artery insufficiency, with resulting anginal pains” (Skidelsky 1992, p. 627). A little over a year after the publication of The General Theory of Employment Interest and Money (1936a), in May 1937, Keynes suffered what today would be diagnosed as an attack of coronary thrombosis (Skidelsky, 1992, p. 634). From May until the end of September 1937, Keynes was confined to a private hospital for convalescence. Even after release from hospital, Keynes was told by his doctors that he must take significant periods of rest each day and even stay in bed one day a week.

Date: 2007
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DOI: 10.1007/978-0-230-23547-2_8

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