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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.

Ron Paul: the patron saint of lost causes

By Megan McArdle
Dec 19 2007, 11:27 AM ET Comment

Ross ponders what Ron Paul should do with all the money he's raising. His answer: pour the money into New Hampshire, hoping to break 7%. My answer: why not pour the money into something useful, like raising awareness about eminent domain abuses?

Ron Paul is not going to win. Ron Paul is the ultimate refutation of the notion that money is what determines races. Like fellow Texan Ross Perot, Paul appeals to people who are fed up with the political process, including a lot of libertarians. But many of his positions are deeply unpopular, and he can't triangulate because his precise appeal to his supporters is the image of standing rock-steady in the face of politics-as-usual. Nor has he, as far as I can tell, injected his own politics into the race by forcing other candidates to kowtow to him. Since he can't win, and isn't forcing other candidates to react, why not use the platform he has to push a single issue? Not the Iraq war, upon which no one seems open to much persuasion, but something where he might conceivably actually change America a little? Wasting it on actually trying to get elected seems extravagent.

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