When Keynes was gearing up for a second war

This is from The Price of Peace by Zachary Carter. What strikes me is the fact that a fleeing refugee doctor enabled Keynes to join the fight, again at the age of 58.

The following passage starts on page 316: “In the meantime, Keynes was at last in good health again. He owed his new energy in part to Hitler’s aggression. In 1939, Keynes had hired János Plesch, a Hungarian Jewish doctor who had relocated to London after fleeing Nazi persecution.

[Plesch resolved Keynes persistent throat infections by administering one of the earliest antibiotics (that was developed in German labs by Bayer before the war!).]

“After two decades of depression, however, the British economy was entering the fight of its life in ragged condition. … On the eve of war, worker productivity was 125 percent higher in the United States than it was in Britain.

“In the meantime, Germany had shifted its offensive focus to London. The Blitz…

“British diplomats didn’t have time to waste. After trying everything else, they brought in Keynes.”

“So Keynes went to Washington in May 1941 to negotiate more practical terms of cooperation and promptly infuriated nearly everyone he met.”

My thoughts: Money wins wars. Wars redistribute talent. Talent makes money. Is the cycle still going? Is this a post-industrialization phenomenon only? Will Tyler’s upcoming book on talent shed any light on this topic?

Two links for learning about Ukraine:

Post on the Donbas HT: Tyler

Podcast with Anne Applebaum on dictators (May overlap considerably with your Twitter stream of info, but at least you could walk while learning and take a scrolling break.)

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