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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.

Addenda

By Megan McArdle
Oct 30 2007, 5:45 PM ET Comment

I don't. Care. About. The. Teachers.

I don't dislike them. Nor do I like them. I don't care whether they are, or are not, represented by a union. I think they should be paid more, not because they're lovely, special people, but because I hope that would let us attract and retain a higher caliber of teacher.

I care about educating the kids. Once we have done that, we can turn to arguments about the teachers. Until then, paeans to what great people public school teachers are are just completely irrelevant. The janitors are probably great guys too, but the school is not there for their benefit. If it made the kids better off to fire them all tomorow, I'd happily sign the order to do so. I mean, I'd feel bad for them. But not enough to keep them employed at the expense of educating the kids.

Nor am I interested in vouchers because I'm trying to prove a point. If the public schools in inner cities were managing to educate more than a handful of the students, this would be somewhere on my list of priorities around "privatizing the post office". The existence of public schools qua public schools simply doesn't interest me. The only goal I am interested in discussing is educating the kids. Any other goals, people, or ideology attached to the school system are stunningly uninteresting until that primary purpose has been met.

Suburban parents exit the system for three very good reasons: one, the system is completely broken. Two, they don't have the faintest clue how to fix it--by which I mean, actually make any significant part of the system function normally. Three, it is not the job of the child to fix the system. It is our job to provide him an education. He should be expected to remain in the system only if the system can do that; otherwise, he has a right to get educated elsewhere while we try to fix it. And if we can't help everyone, then at least as many as possible should be so aided.

Now I'm done talking about vouchers. Either you agree that poor kids should be allowed to exit until the system works for them, or they don't. My model of voucher beliefs predicts that people will get angry at me when I challenge their beliefs without changing their minds, and indeed, they are right. And myself, I'm too angry on the subject to do much good. The people saying that they want details before they'll commit: look, obviously design matters. If you concede the right of exit, I'm happy to debate details. But until you do, it's a waste of time.

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