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The Standard of Living review – Rory Kinnear has bags of charm as Bloomsbury economist Keynes

The Standard of Living review – Rory Kinnear has bags of charm as Bloomsbury economist Keynes

theguardian.com 30.09.2026 01:01 3 views
Theatre Royal Haymarket, LondonJames Graham’s high-wire writing brings economic theory to life and connects it with art and fulfilment in this polished, ravishingly staged story of John Maynard KeynesNot everyone will kn

Not everyone will know that the Bloomsbury group had a jobbing economist among them. One with superstar status and a firm belief in capitalism. John Maynard Keynes (Rory Kinnear) may not have cut a very bohemian picture in his three-piece suit but the foremost thinker of economic policy in 20th century Britain was also a card-carrying art lover, avant-gardist and bisexual who had affairs with Lytton Strachey and Duncan Grant, hanging out with the gang at their nerve-centre in Charleston.

He played with equal amounts of old-school reserve, and charm, by Kinnear, as state-of-the-nation writer, James Graham, audaciously brings economic theory to the West End. The high-wire act of the subject matter is leavened by Graham’s remarkable facility to balance British social history and complex political ideas with speed, sparkle and a humorous lightness of touch. He does just that in this polished and handsome production, directed by Nicholas Hytner.

We are taken through two world wars, the Wall Street Crash and economic wrangles in Whitehall against a backdrop of Keynes’s involvement with Virginia Woolf (Naomi Frederick, intellectual confidante and sparring partner), Strachey (Pip Carter, wonderfully acerbic), Grant (Thomas Flynn, spry) and the rest of the Bloomsbury set. It is clear that economics is not about mathematical equations but about the choices we are afford to make in relation to freedom, happiness and culture. There is typically for Graham, dextrous storytelling and accessibility of ideas.

Bob Crowley’s set design is little short of ravishing with its moving screens of art and archival footage. Keynes explains his theories in lectures but also cleverly crafted dialogue so it does not feel leaden or expository. We learn how Keynes espoused government intervention and a culture of state spending after the war to bring the bombed economy back on track.

Written off as socialist by some, he is the one who secured credit from America to rebuild Britain. He was also a fierce advocate of the arts and helped to create the Arts Council (he was its first chair). Alongside the serious stuff is rigorously researched and amusing detail, with Keynes keeping an inventory of past lovers in a little black book and talking of flirtations with Albert Einstein.

And yet, it is all so polished that the serrated edges of his life are lost, so accomplished that the mess of human conflict does not quite manage to fire its centre. Keynes’s marriage to Russian ballet dancer Lydia Lopokova, played by ballerina Natalia Osipova in her acting debut, was a surprise turn to heterosexuality for his Bloomsbury friends, and is straightforwardly sweet here. His arguments with the non-interventionist, Austrian-born LSE economist, Friedrich Hayek (Laurie Kynaston), seem rather polite too offer anything truly combative.

Extract — continue reading at the source.

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