Not that being wrong hurt Kudlow’s career. In January 2009, with the American economy in a crisis worse than any since the Great Depression, Kudlow’s new show, The Kudlow Report, premiered on CNBC. That too is consistent with the EPJ data, which revealed an inverse correlation between fame and accuracy: the more famous an expert was, the less accurate he was. That’s not because editors, producers, and the public go looking for bad forecasters. They go looking for hedgehogs,
