Alfred Cowles

American businessman, economist and founder of Cowles Commission for Research in Economics
The basics

Quick Facts

IntroAmerican businessman, economist and founder of Cowles Commission for Research in Economics
A.K.A.Alfred Cowles III 3rd Alfred Cowles
A.K.A.Alfred Cowles III 3rd Alfred Cowles
PlacesUnited States of America
wasEconomist
Work fieldFinance
Gender
Male
Birth15 September 1891, Chicago, USA
Death28 December 1984 (aged 93 years)
Star signVirgo
Education
Yale University
Awards
Fellow of the Econometric Society 
AAAS Fellow 
The details

Biography

Alfred Cowles III (September 15, 1891 – December 28, 1984) was an American economist, businessman and founder of the Cowles Commission. He graduated from Yale in 1913, where he was a member of Skull and Bones.

He was the grandson of Alfred Cowles, Sr., who was a founder of the Chicago Tribune. His father, Alfred Cowles, Jr. (1865–1939) managed and directed the Chicago Tribune from 1898 to 1901 and the American Radiator Company. His mother was Elizabeth Cheney (1865–1898). His parents lived at 1130 N. Lake Shore Drive in Chicago, Illinois. Alfred Cowles III had three siblings: Knight Cheney Cowles (born 1892); John Cheney Cowles (born 1894); and Thomas Hooker Cowles (born June 6, 1895) who married Barbara Granger, daughter of architect Alfred Hoyt Granger.

Alfred Cowles was a fellow and treasurer of the Econometric Society.

Selected works

  • ——— (1944). "Stock Market Forecasting". Econometrica. 12 (3–4): 206–214. doi:10.2307/1905433. JSTOR 1905433.
  • ——— (1960). "A Revision of Previous Conclusions Regarding Stock Price Behavior". Econometrica. 28 (4): 909–915. doi:10.2307/1907573. JSTOR 1907573.
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