Ron Chernow's Pulitzer Prize-winning "The House of Morgan" offers a sweeping, authoritative history of four generations of the powerful Morgan family and their secretive financial institutions. From its humble origins in Victorian London to the pivotal financial crisis of 1987, Chernow meticulously chronicles the empire built by J.P. Morgan, an entity that profoundly shaped the modern financial world. Beyond the intricate details of banking and high finance, the book delves into the personal sagas of the Morgan dynasty, revealing their interactions with a constellation of influential figures such as Charles Lindbergh, Henry Ford, Franklin Roosevelt, and Winston Churchill. This "tour de force" is not merely a corporate history but a vibrant tapestry of American and British elite society, illustrating how the Morgans' immense wealth and power intertwined with and influenced the major historical events of the last 150 years, making it essential reading for understanding the bedrock of modern global capitalism.
Critical Reception
"Recipient of the 1990 National Book Award for Nonfiction and lauded by the Modern Library as one of the 100 Best Nonfiction Books of the Twentieth Century, 'The House of Morgan' stands as a foundational and unparalleled work in financial history."