Culture

Piers Brendon does not much like the British empire. In over 650 pages of closely researched, patronising disdain he uses his Stakhanovite labour to perform a smug hatchet job on empire- builders, administrators and the British military. He warns us in his introduction what to expect: ‘Less emphasis is placed here on triumphs than on the disasters that undermined the future of the empire.’ As a result, he accumulates the impression of an empire consisting entirely of unimaginative, hypocritical despots embattled by racial attitudes, snobbery and smug military incompetence. You have to ask yourself how such a useless people as the British managed to acquire a quarter of the earth’s surface and hang onto it until the middle of the 20th century.

There’s a wonderful story in this book, told by the biologist Lewis Wolpert, about a vistor to the office of the physicist Niels Bohr. The visitor, a fellow scientist, was astonished to see a horseshoe nailed above the Nobel laureate’s desk. ‘Surely you don’t believe that horseshoe will bring you luck?’ he said. ‘I believe no such thing, my good friend,’ replied Bohr. ‘Not at all. I am scarcely likely to believe in such foolish nonsense. However, I am told that a horseshoe will bring you good luck whether you believe in it or not.’ As John Humphrys says, that’s ‘funny and profound in the same breath’.

The first thing to be said about this combination of history, autobiography and polemic is how heavy it is — not in the literary sense, though it is by no means light reading, but in the literal sense that it is a surprising weight in the hand. Befitting its title, it is printed on unusually thick, glossy paper, the better to carry a set of beautiful illustrations relating to the development of paper money and the follies and manias connected with it. Befitting its multimillionaire publisher-financier-connoisseur author, the book is an idiosyncratic artefact, a craftsman-made container for the distillate of a lifetime’s observation of the interaction of paper and wealth. In short, it’s a rich man’s book, but none the worse for that.

‘Here is a hot potato,’ The Spectator’s book review editor wrote in a note accompanying this book. Radioactive, actually. In 2006 Chicago professor John Mearsheimer and Harvard’s Stephen Walt posted a version of an article they had written on the Israel lobby for the London Review of Books on a Harvard faculty website. It was downloaded more than 275,000 times, and provoked what the authors call a firestorm of abuse.