Charles Evans believes the nation's unemployment rate is unacceptably high, and he has a plan to get Americans back to work.
In an election year, this sounds like political rhetoric. But Evans isn't running for office.
As president and chief executive of the Federal Reserve Bank of Chicago, he's waging a campaign of his own, and it's radical — at least for a central banker, whose every public statement is parsed for clues about the economy. Federal Reserve Chairman Ben Bernanke has dismissed his ideas as reckless. Slate magazine called Evans ingenious and asked, "Can this man save the American economy?"
Evans' work is wonkish, and he says little to...