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— CH. 1 · INTRODUCTION —

Roger Lowenstein

~3 min read · Ch. 1 of 4
4 sections
  • Roger Lowenstein grew up in Larchmont, New York, the son of a Columbia University law professor who spent his career writing critiques of American finance. That family atmosphere, where the mechanics and ethics of money were subjects for serious scrutiny, would shape everything that came after. Lowenstein went on to graduate from Cornell University, joined the staff of The Wall Street Journal, and eventually built one of the most distinctive careers in American financial journalism. His seven books include three New York Times bestsellers, and his most recent work won a major prize for Lincoln scholarship. How does a journalist's son become one of the clearest voices on American capitalism? And what does it mean that so much of his work circles back to the same industry his father spent a lifetime questioning?

  • Lowenstein spent more than a decade reporting for The Wall Street Journal, and for two of those years, from 1989 to 1991, he wrote the Heard on the Street column. That column, one of the most closely watched features in financial journalism, requires a journalist to track market-moving tips, analyst chatter, and institutional behavior at close range. Writing it for two years gave Lowenstein a front-row view of how Wall Street actually functioned, not how it described itself in press releases. The experience anchored his later work in a style grounded in reported fact rather than financial theory. Beyond the Journal, he contributed to a range of publications including Smart Money, The New York Times, Fortune, and the Atlantic Monthly. He also wrote major articles and cover stories for The New York Times Magazine, a venue that allowed him to develop the longer-form narrative voice that would carry into his books.

  • Louis Lowenstein was an attorney and a law professor at Columbia University who devoted much of his intellectual life to scrutinizing the American financial industry. He published books and articles that challenged the assumptions and practices of that world from a legal and ethical standpoint. For a son who would go on to write about hedge funds, corporate governance, and the financing of the Civil War, that inheritance was substantive. Roger Lowenstein is also a director of Sequoia Fund, connecting him to the investment world his father examined critically. In 2016, he joined the board of trustees of Lesley University, a role that places him in an institutional setting outside of journalism and finance. The range of his affiliations, from a storied investment fund to a university board, reflects a career that has consistently operated at the intersection of ideas and institutions.

  • Lowenstein has published seven books, and three of them reached the New York Times bestseller list. His most recent, Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War, was released on the 8th of March 2022. The book examines how Lincoln and his cabinet funded the Civil War, a subject that sits at the crossroads of political history and financial history. It won the 2022 Harold Holzer Lincoln Forum Book Prize, a recognition named for one of the foremost Lincoln scholars of the modern era. Winning that prize placed Lowenstein's work alongside serious Lincoln historiography, not just financial journalism. The arc from writing the Heard on the Street column in the early 1990s to winning a Lincoln prize in 2022 traces a career that kept expanding its scope without abandoning its core interest in how money shapes events.

Common questions

Who is Roger Lowenstein and what is he known for?

Roger Lowenstein, born in 1954, is an American financial journalist and author who spent more than a decade at The Wall Street Journal and has published seven books, three of which were New York Times bestsellers. He is known for narrative financial journalism and for his book on the financing of the Civil War, which won the 2022 Harold Holzer Lincoln Forum Book Prize.

What books has Roger Lowenstein written?

Roger Lowenstein has published seven books, three of which reached the New York Times bestseller list. His most recent book, Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War, was released on the 8th of March 2022 and won the 2022 Harold Holzer Lincoln Forum Book Prize.

Where did Roger Lowenstein work as a journalist?

Lowenstein reported for The Wall Street Journal for more than a decade, writing its Heard on the Street column from 1989 to 1991. He also contributed to The New York Times, Fortune, the Atlantic Monthly, Smart Money, and wrote major articles for The New York Times Magazine.

What prize did Roger Lowenstein's book Ways and Means win?

Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War won the 2022 Harold Holzer Lincoln Forum Book Prize. The book was released on the 8th of March 2022.

Who was Louis Lowenstein and how is he related to Roger Lowenstein?

Louis Lowenstein was Roger Lowenstein's father. He was an attorney and a Columbia University law professor who wrote books and articles critical of the American financial industry.

Where did Roger Lowenstein go to college?

Roger Lowenstein graduated from Cornell University. He later reported for The Wall Street Journal for more than a decade after his studies.