This is the opening track from the English indie folk band Noah and the Whale's third studio album, Last Night on Earth. The record's title is a nod towards Charles Bukowski's poetry collection The Last Night of the Earth. Lead singer Charlie Fink explained he was attracted to the sense of "loser's pride" in Bukowski's work. "In my head," he said, "there is a link between Lou Reed's Berlin, and Bukowski's poetry."
This song's title is another Bukowski reference, tipping a hat to his poem The Laughing Heart - a verse whose final lines seem to sum up the record: "Your life is your life. Know it while you have it. You are marvelous. The Gods wait to delight in you."