Schwartz's biographer,
James Atlas, wrote a thorough account of the story's genesis: Schwartz wrote "In Dreams Begin Responsibilities" over a July weekend in 1935, when he was only twenty-one. A day later, his friend
William Barrett appeared at the boarding house off Washington Square where Schwartz was living that summer and found the author ecstatic; he knew he had written a masterpiece, a verdict later confirmed by
Vladimir Nabokov, who singled [the story] out as one of his "half a dozen favorites" in contemporary American literature. The story was first published in 1937 in the first issue of
Partisan Review. The story has been available in print since the author's death in two posthumously published collections of Schwartz's work,
In Dreams Begin Responsibilities and Other Stories (1978) and
Screeno: Stories and Poems (2004). In a 2003 review of
In Dreams Begin Responsibilities and Other Stories that appeared in
The Observer,
Jason Cowley wrote, "[Schwartz] never wrote a finer story than 'Dreams. ==Plot summary==