Marcus Alexis

Alexis was born February 26, 1932, in Brooklyn, New York, in a family of 7 children. He attended New York City Public Schools and Brooklyn College. He then studied finance at Michigan State University and earned a doctorate in economics at the University of Minnesota, completing post-doctoral work at Harvard University and the Massachusetts Institute of Technology.^[4]

Alexis taught at Macalester College, DePaul University, the University of Rochester, and both the economics department and the Kellogg School of Management at Northwestern University. He also served as dean of the business college of the University of Illinois at Chicago.^[5]

He was among the founders of the Caucus of Black Economists in 1969, now the National Economic Association, and was the organization's first chair.^[6] He help to found the American Economic Association's summer program to prepare promising students from underrepresented groups for graduate programs in economics.^[7]

Alexis was also chair of the Federal Reserve Bank of Chicago, and was a member of the Interstate Commerce Commission for two years under President Jimmy Carter, including serving as acting chair.^[3]

• Alexis, Marcus, and Charles Z. Wilson. "Organizational decision making." (1967).
• Alexis, Marcus. "Some Negro-White differences in consumption." The American Journal of Economics and Sociology 21, no. 1 (1962): 11–28.
• Haines Jr, George H., Leonard S. Simon, and Marcus Alexis. "Maximum likelihood estimation of central-city food trading areas." Journal of marketing research 9, no. 2 (1972): 154–159.
• Alexis, Marcus. "A theory of labor market discrimination with interdependent utilities." The American Economic Review 63, no. 2 (1973): 296–302.
• Alexis, Marcus. "Assessing 50 years of African-American economic status, 1940-1990." The American economic review 88, no. 2 (1998): 368–375.