Papering over the cracks

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.

Born in Sri Lanka and educated in England, Christopher Ondaatje (older brother of the novelist Michael) emigrated to Canada in 1956, was a member of Canada’s 1964 Olympic bobsled team, founded a successful publishing house and went on to make a fortune broking corporate share deals.