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Cover of The House of Morgan by Ron ChernowThe House of Morgan
Modern · Nonfiction, History, Biography

The House of Morgan

by Ron Chernow
1990 · 848 pages · Nonfiction
Critics' pick
≈ 21 hours to read · about 6 weeks at 30 minutes a day

What it's about

Ron Chernow tells the story of the Morgan bank across a century and a half, from its beginnings in London in the 1830s through J. Pierpont Morgan, who single-handedly rescued the U.S. economy in the panic of 1907, to the firm's role in two world wars, the Depression and the rise of modern finance.

Why it's worth reading

It won the National Book Award and is on the Modern Library list of the best nonfiction. Chernow, later the author of the biography behind Hamilton, makes banking a human drama.

You'll love it if you liked

Good to know

It's very long and detailed. Some financial background helps.

By the numbers

71.0Must-Read Score
  • Readers34 out of 100 · counts 42%
  • Critics84 out of 100 · counts 34% (its stronger lane)
  • Bestseller6 out of 100 · counts 14%
  • Buzz0 out of 100 · counts 10%

Critics and Bestseller are two ways to earn a place: a book's stronger one counts more. Buzz rewards recent bestseller weeks and prizes, so older books start at zero. The parts combine into the Must-Read Score, shown on a scale where the best book we found scores 99 and the last book to make the ranking scores 50.

Where it ranks

Why it made the list

Won
National Book Award (Nonfiction) winner (1990)
On the lists
Modern Library 100 Best Nonfiction

Reads as

True story

How we rank

Already read it? Upload your Goodreads or StoryGraph history and get the 50 best books you haven't read, tuned to your taste.Get my 50

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Explore the best-of lists

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Quick answers

Is The House of Morgan worth reading?

Yes. It won the National Book Award and is on the Modern Library list of the best nonfiction. It ranks #1,184 of the 2,816 books in our ranking, with a Must-Read Score of 71.0 (the best book we found scores 99).

What is The House of Morgan about?

Ron Chernow tells the story of the Morgan bank across a century and a half, from its beginnings in London in the 1830s through J. Pierpont Morgan, who single-handedly rescued the U.S. economy in the panic of 1907, to the firm's role in two world wars, the Depression and the rise of modern finance.

How long does it take to read The House of Morgan?

About 21 hours (848 pages), or about 6 weeks at 30 minutes a day.

What awards has The House of Morgan won?

National Book Award (Nonfiction) winner (1990).

What should I read after The House of Morgan?

If you liked it, try Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed, Den of Thieves by James B. Stewart or The Prize: The Epic Quest for Oil, Money, and Power by Daniel Yergin.