He is also the recipient of the National Book Award for Nonfiction for his 1990 book, The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance.
Schiff's A Great Improvisation: Franklin, France, and the Birth of America (2005) won a number of awards and was published in the U.K. under the title Dr. Franklin Goes to France. Discussing the book, Ron Chernow wrote "Even if forced to at gunpoint, Stacy Schiff would be incapable of writing a dull page or a lame sentence." Gordon S. Wood hailed the book as "Stunning. A remarkably subtle and penetrating portrait of Franklin and his diplomacy."
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