Alfred Cowles

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Alfred Cowles III (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]

Alfred Cowles was Fellow and Treasurer of the Econometric Society. [3]

Selected works[edit]

  • ——— (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.


  1. ^ "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". The New York Times. 17 May 1912. p. 8. Retrieved May 16, 2011.
  2. ^ The Cheney Genealogy by Charles Henry Pope, published by Richardson Reprints, 1897. p. 487
  3. ^ The Book of Chicagoans, published by A.N. Marquis, Chicago, IL, 1911