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Alfred Cowles, 3rd (15 September 1891-28 December 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.[1]
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.[2]
Cowles's primary concern in 1932 was to elevate economics into a more precise science using mathematical and statistical techniques. Alfred Cowles was Fellow and Treasurer of the Econometric Society. [3]
[edit] Papers
- Stock Market Forecasting Econometrica, 12, 1944
- A Revision of Previous Conclusions Regarding Stock Price Behavior Econometrica, 28(4), 1960
[edit] References
- ^ "YALE 'TAPS' IN RAIN AMID GREAT TENSION: Nervousness of the Marshaled Juniors Reflects Owen Johnson's Attack on the System. YALE GRIT PUTS IT THROUGH Recent Graduate Predicts Change Soon -- Harriman and Cortelyou Get Bones, Webb and Camp Keys.". New York Times: pp. 8. 17 May 1912.
- ^ The Cheney Genealogy by Charles Henry Pope, published by Richardson Reprints, 1897. p. 487
- ^ The Book of Chicagoans, published by A.N. Marquis, Chicago, IL, 1911
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