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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.

Paragraph of the day

By Megan McArdle
Sep 26 2007, 8:23 AM ET Comment

From The American Scholar:

Brooklyn’s always been the overlooked sibling among the boroughs. Founded several years before New York, it was swiftly relegated to a role as Manhattan’s unglamorous adjunct. First farms and then factories provided its economic basis. Now back-office space does the same. Until recently, Brooklyn was strictly second choice for residence. Beatniks who couldn’t afford Greenwich Village crossed the river in the ’60s, and yuppies who couldn’t afford Soho moved to Park Slope in the ’80s. Now hipsters who can’t afford the East Village have filled every cranny between soon-to-be evicted bodegas and auto-repair shops with cafés sporting lava lamps on the tables and old record albums tacked to the walls. Inside, a horde of latte-swilling sensitives sit in mismatched chairs and tap at laptops and can’t imagine why they’d ever want to cross the river again. They interpret their migration born of economic necessity as a hegira of moral virtue. Self-righteous sour grapes define their attitude to Gotham.

In short, they’re young.


Update Matt Frost adds:
The generational handoff is almost too clean and explicit to believe. Almost overnight, the boomers’ favorite narrative – that of the withholding father who comes, perhaps too late, to appreciate the importance of love for his child and for youth in general – has been supplanted by that of the hyper-literate latchkey child, fending for himself in a world fraught with emotional and even historical portent.

The really fun part about this sea change in kitsch is that you don’t even have to read novels (which I’m told are, like, really long – way longer than blog posts or even Salon articles) to watch it happen. Indie music is full of narrators who sound as if they’ve wandered straight out of the pages of a Brooklyn Book of Wonder themselves.


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