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August 5, 2024 31 mins

This week, host Troy Edgar explores the life and lasting impact of J.P. Morgan, the titan of American finance. 

In this episode, we trace J.P. Morgan's company transformation from a family enterprise to a global financial powerhouse. Learn how his business practices laid the groundwork for modern banking and inadvertently sparked antitrust laws such as the Sherman Antitrust Act and the Clayton Act. Join us as we examine the interplay between business, government, and public interest that is still as relevant today as it was in the Progressive Era. 

Recommended reading: Pulitzer Prize-winning author Ron Chernow's acclaimed biography "The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance"

A great follow-up episode is E21: U.S. Rep. Lou Correa (D-CA) on Big Tech Antitrust Issues and Bipartisan Cooperation.

 

Ameritocracy™ is produced by Prospect House Media and recorded in studio locations in Los Angeles and Washington DC.

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