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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. She is currently on leave.
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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.

Highway to heaven

By Megan McArdle
Jan 25 2008, 2:39 PM ET Comment

Is Huckabee's highway plan the nuttiest thing to come out of this presidential election?



I don't want to speak too authoritatively, because I certainly haven't tried to catalogue every nutty thing everyone has said. But it certainly seems like a good candidate. I say that as the daughter of an avid transportation infrastructure advocate--indeed, my dad just co-authored a report on transportation finance for the next 50 years, which I hope he'll be joining me for a podcast on next week. Transportation spending takes years, even decades, to complete, which makes it less than ideal for stimulus spending. In a phone chat a few hours ago, my father estimated that in a best case scenario, if you jammed through a law mandating the widening of I-95 from Florida to Maine today, it would clear the EIS process and be ready to break ground about 20 years from now. And the idea that adding two lanes to I-95 would lower America's energy usage is, to put it mildly, unsupported by any sort of credible evidence.

As Dad points out, if you want to use government works projects for fiscal stimulus, the only way to do it is to initiate a large number of small-scale projects like playground reconstruction in low-income communities, which fly below the EIS ceiling, and which you could therefore require be initiated in 90 days from successful bid.

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