AB, Kenyon College, 1965; Doctor of Philosophy, Princeton University, 1970.
Assistant professor, Massachusetts Institute of Technology, Cambridge, Massachusetts, 1969-1974; senior economist, Federal Reserve System, Washington, 1974-1978; deputy assistant director, Congressional Budget Office, Washington, 1978-1981; chief domestic economist, First National Bank of Chicago, 1981-1986; senior vice president, chief economist, First National Bank of Chicago, since 1986. Board directors Unitrin, Inc. Secretary federal advisory county Federal Reserve Board, since 1994.
Past Chairman, Board Of Directors Goodman Theatre. Member American Economics Association, National Association Business Economists, Chicago Association Commerce & Industry (vice president, board directors), Phi Beta Kappa.
Married Susan Virginia Bone, July 29, 1967.