Was there ever a golden age of academe: a time when academics were able to pursue their own interests, had relatively light and undemanding teaching responsibilities, and enjoyed widespread respect from both the general public and policy makers? This article explores that question, primarily in the context of the United Kingdom, but with some reference to other systems as well. It attempts to separate the mythical elements of the golden age from the reported memories and analyses of both those who were there at the time and subsequent authors.