John Maynard Keynes was a Cambridge-based economist after whom a branch of macroeconomic theory is named. He was educated at Eton and then King's College, Cambridge, where he became a member of the Apostles and became friends with the Bloomsbury circle including Lytton Strachey and Leonard Woolf who had recruited him. Keynes competed for the Indian Civil Service and worked for the India Office in London from 1906 to 1908. He then took up a post lecturing in economics at Cambridge. His first book, published in 1913, was called Indian Currency and Finance. As a Cambridge tutor, Keynes often met and taught Indian students.

During the First World War, Keynes was recruited to the Treasury, through the influence of Edwin Montagu. He assisted with the British war-time economy in this war and the Second World War. During the inter-war period, Keynes wrote prolifically on economic matters. His most influential work was The General Theory of Employment, Interest and Money, which came out in 1936. Keynes argued that the economy could be stimulated by increased government expenditure in times of falling demand and rising unemployment. He died in 1946.

Harold Joseph Laski was a political theorist and university professor at the London School of Economics. He is remembered as an important political thinker, intellectual and activist, in particular during the 1930s. Through meeting Winifred (Frida) Kerry, Laski became fascinated with eugenics and he published his first article on the topic, ‘The scope of eugenics’, in the Westminster Review (July 1910). Laski began reading history at New College Oxford, before transferring to study eugenics in London under Karl Pearson. On 1 August 1911, he and Frida eloped to Scotland to get married. Laski soon returned to Oxford and took up the study of history again after losing interest in eugenics.

Through Frida, he became a supporter of the Suffragette movement and also developed close links with the labour movement. He graduated from Oxford in 1914 and took up temporary employment at the Daily Herald, for which he wrote editorials. His attempt to join the army during the First World War was rejected on medical grounds. He accepted a junior lectureship at McGill University where he remained until 1916, before moving to Harvard, where in 1917 he became editor of the Harvard Law Review. While in the USA, Laski developed his pluralist theory to refute the notion of the moral superiority of the state. He argued that the state needed to win its citizens' support by acting in a reasonable way. Laski was a keen supporter of decentralization and encouraging political participation at grass-roots level through work-based organizations. His works on pluralist theory established his reputation as a political theorist. He left the US in 1920 and took up a lectureship at the London School of Economics. Back in England he became closely associated and involved with the Labour Party and the Fabian Society, whose executive committee he joined in 1921. In 1926 Laski was promoted to the Graham Wallas Chair of Political Science at the London School of Economics.

In 1926 he met Krishna Menon who studied with him at LSE. Through his friendship with Menon Laski became closely involved with the India League. Laski was a staunch supporter of India’s move towards independence and argued for India’s right to self-determination. After his return from the US, he and Bertrand Russell spoke at election rallies for Shapurji Saklatvala. Laski’s commitment to India is derived from the case O’Dwyer v. Nair, a libel case O’Dwyer brought against Sankaran Nair, where he sat on the jury.

Laski’s influence on Menon was huge. Indeed heprobably learnt his socialism from his professor. Their relationship went beyond the teacher-student connection, as Laski and his wife took an interest in the welfare of Menon who was prone to depression. Laski met Gandhi and Nehru through Menon and the India League. In turn, Menon could always count on Laski’s support, and he would often give speeches in front of students, or speak at rallies or lobbied the Labour Party. In spring 1930, Laski was asked by Sankey to help with the planning for the Round Table Conference which would deal with the principles of a federal constitution. During the 1931 second Round Table Conference, Laski was closely involved in negotiations, especially on constitutional questions relating to political control of a possible federal Indian army; he also worked on a criminal code and its implementation. Sankey also asked Laski to negotiate with Gandhi and the Agha Khan on the future constitutional status of religion. Yet these efforts failed. Gandhi admired Laski’s commitment to Indian freedom and he often recommended students to study with him. Together with Victor Gollancz and John Strachey he launched the Left Book Club, with which many South Asian writers and activists, such as Mulk Raj Anand, Indira Nehru (Gandhi), and Jawaharlal Nehru also became involved. Laski was elected to the constituency section of the Labour Party national executive committee in 1937, on which he served for 12 consecutive years. He died in 1950.

Dadabhai Naoroji, of Bombay Parsee origin, was the first Indian to be elected to Parliament in Britain. Naoroji travelled to Britain in 1885 as a business partner of Cama and Company. A member of several businesses, he became Professor of Gujarati at University College, London (1856-65). He had also been founder-editor of the journal Rast Goftar in Bombay in 1851. He founded the London Zoroastrian Association in 1861. He was also founding member of the East India Association and London Indian Society, and became vocal in promoting Indian rights in regard to the ICS and trade. Naoroji was an economist and proponent of the 'drain theory', building up a detailed economic critique of British imperialism in India. He also established links with Irish MPs and was one of the founders of the Indian National Congress in 1885 in Bombay.

In 1886, Naoroji campaigned as Liberal Party candidate for the strongly Conservative seat of Holborn. In 1888, referring to Naoroji's defeat, the Conservative Party Prime Minister, Lord Salisbury, remarked that an English constituency was not ready to elect a 'Blackman', drawing greater notoriety to Naoroji. In 1892, he contested the seat of Central Finsbury, campaigning on Gladstone's platform of Liberalism, and was successfully elected with a majority of five. He lost his seat in the General Election of 1895. In 1906, Naoroji stood as a candidate at Lambeth North but was again unsuccessful. In 1907, Naoroji left England to retire at Versova in Bombay, where he died in 1917.