Skip Navigation
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.

Known knowns

By Megan McArdle
Sep 7 2007, 8:03 AM ET Comment

I rarely pay attention to claims that "casualties in Iraq are down this month" because anyone who's followed the place even cursorily knows that they're remarkably cyclical, peaking each year right around Ramadan. (And don't get me started on the people who wrote that the peak in October 2006 was some sort of attempt to influence the American election.) But I didn't know why:

August 31, Juan Cole was shrill about administration and media statements that GI deaths in Iraq were down for the year. His point was that temperatures get to 120 degrees, so summer means low combat. He produced a table contrasting 2006 with 2007 by month: deaths are higher in 2007 than 2006. He asked for a visual display and many responded. I'm posting mine here.

But this is just part of a pattern of communicating, where true facts are presented within a limited context, so that the resulting asymmetry of information creates a false impression. Most of us don't know that Iraq temperatures reach 120 degrees in July so that physical activity like combat is down. On the other hand, if an official announced that lowland US snow fall in July was the lowest it's been all year -- duh. The difference is that here in the US we all know about July snow fall, so there's no asymmetry.


But as the author points out, many of the administration and military folks making those sorts of claims do know this (or at least, I certainly hope they do; if they don't, we're in worse trouble than I thought). They nonetheless produce meaningless claims about how casualties have fallen.

Presented by

More at The Atlantic

'Plug In Better': A Manifesto Plug In Better
The fEARLESSness of Jeremy Lin The Fearlessness of Jeremy Lin
A Short Animated Biography of tHOMAS Edison The Life of Thomas Edison, Animated
In Memphis Classrooms, the Ghost of Segregation Lingers On In Memphis Classrooms, the Ghost of Segregation Lingers On
Can Full-Metal jousting Become the Next Ultimate Fighting Championship? Can Full-Metal Jousting Become the Next UFC?

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.
blog comments powered by Disqus
Special Report
Submit Your Photos of America at Work AP Submit Your Photos of America at Work
Send us your images of friends, family, and neighbors on the job. We'll publish the best. Read more ›

Just In

View All Correspondents

The Biggest Story in Photos

Valentine's Day 2012

Feb 14, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)

Megan McArdle
from the Magazine

Why Companies Fail

GM’s stock price has sunk by a third since its IPO. Why is corporate turnaround so difficult…

The Graduates

Busted banking careers, crashed consultants, and shrunken incomes: the author attends her 10-year…

Romney’s Business

The Republican contender touts his business experience—but does it really matter?