Business: Flash and a Touch of Brash

Forecaster Michael Evans mines miIlions from controversy

In the uncertain world of economic forecasting, where most commentary is clothed in the blue serge prose of prudence, Michael Kaye Evans, 40, is a flamboyant exception. Evans delivers his often outrageous, generally gloomy opinions with a resounding finality. His manner has made him a figure of almost constant controversy. Lyle Gramley, a member of the President's Council of Economic Advisers, calls Evans "the Larry Flynt of econometrics." Yet he is the darling of conservatives on Capitol Hill, where he appears often to testify.

Typically, Evans is now the most vocal of a small (but not...

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