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Megan McArdle

Megan McArdle - Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and The Economist. More

Megan was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra-dry skim-milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster-recovery firms at Ground Zero … all before the age of 30.

While working at Ground Zero, Megan started Live From the WTC, a blog focused on economics, business, and cooking. She may or may not have been the first major economics blogger, depending on whether we are allowed to throw outlying variables such as Brad Delong out of the set. From there it was but a few steps down the slippery slope to freelance journalism. She has worked in various capacities for The Economist, where she wrote about economics and oversaw the founding of Free Exchange, the magazine's economics blog. She has also maintained her own blog, Asymmetrical Information, which moved to The Atlantic, along with its owner, in August 2007.

Megan holds a bachelor's degree in English literature from the University of Pennsylvania and an M.B.A. from the University of Chicago. After a lifetime as a New Yorker, she now resides in northwest Washington, D.C., where she is still trying to figure out what one does with an apartment larger than 400 square feet.

Uptempo

By Megan McArdle
Aug 28 2007, 7:20 PM ET Comment

Megan at From the Archives makes an interesting point about the warring incentives of legislators and bureaucrats:

This doesn’t surprise me either, that the work was done in a state agency, then lingered for years. The work of the state is huge and sprawling and only barely managed. People at the top, the political appointees and the legislators, give instructions and change them with the new exciting trend. Mid-level civil servants finish their reports (perhaps even a nice thorough job) and the person who commissioned the work is long gone for another job. Or the legislator is swamped with exciting new problems. Flood! Climate change! Relentless plodding is the mark of low and mid level bureaucracies, but long-term follow through fails at the top. That is because of news driven governance in some part, and you fickle voters in other part. Really though, it always goes back to a constituency. If you cared about prison health care, those reports and audits would get implemented.


The politicians, like the public they serve, have the attention span of a gnat. Bureaucracies, on the other hand, are built to work in geologic time. Neither has any control over the other to force them onto their time frame. From my limited experience as a government contractor, this seems to result in less getting done than would if one party managed to force the other into its time frame; we spent a fair amount of time trying to sort through the competing demands of the "This is how it's done" bureaucracy and the "Everything's changing! News at 11!" fly-by reformers. Result: paralysis.

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