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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.

Ivy madness

By Megan McArdle
Oct 27 2007, 2:15 PM ET Comment

Why is it so much fun to hate Ivy Leaguers? In part, because they (well, we*) can often be so hateable. For years, I toyed with the idea of offering a prize to the first Harvard grad I met who did not, in the first ten minutes of conversation, manage to work that fact into the conversation somehow. ("I see you're eating a bagel there. You know, when I was in school in Boston, I liked to eat bagels . . . ").

I guess I did offer a prize, of sorts; we dated for years.

And don't get me started on the people from Harvard Business School, who, unbeknownst to themselves, were the source of untold hilarity at each and every summer internship program, as they strove to reassure us that they thought that our MBA program was every bit as good as Harvard, honestly.

But really, who cares? As far as I can tell, an Ivy league degree is at best a modest boost. One of my roommates from Penn was, when last heard of, still working at the library and mooching off other peoples' weed. On the other hand, few of the smartest and most talented people I know have Ivy League degrees; it seems to be a better indicator of where you started out than where you'll end up.

The weirdest thing to me about Washington is that this snobbery--and the inevitable reverse snobbery--are more prevalent than in any other city I've lived in. Friends who went to state schools tell astonishing stories of pervasive, yet casual, slights on their school and the people who went there. You would think that a city dominated by politicians, bureaucrats, and lobbyists would have more of the common touch, but apparently just the reverse.

*There is no way to write this without being accused of parading my Ivy League degree. I'm going ahead anyway.

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