'Here's to alcohol, the rose coloured glasses of life.' Anthony Patch has told his wealthy grandfather that he is writing a medieval history. But he isn't. Instead he's living a life of lazy decadence among the cafe society of early 1920s New York, oscillating between boredom and recklessness. When he meets Gloria, he finds a kindred spirit, and the young couple quickly fall in love. But together, they're more destructive than they were apart. Easily bored, they throw money into a glamorous and lavish lifestyle. One they can't sustain. And as they wait on Anthony's delayed inheritance, their heady world spins out of control. Because life is only a party for as long as you can afford it ...