Skip Navigation
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.

Putting think in the tank

By Megan McArdle
Jan 30 2008, 3:45 PM ET Comment

Julian Sanchez and Radley Balko are, to put it mildly, not pleased with Roger Pilon's Wall Street Journal op-ed on FISA. There are only so many topics I can develop an informed opinion on, and national security law is not one where I have tried, so I don't really have anything to add on the substance of the article. But I do think there's an important problem at the heart of Radley's post:

Julian is right, the real impact of Pilon’s op-ed isn’t its persuasiveness (it isn’t, really), it’s the fuel it gives neocons and Bush acolytes to say, “See? Even the libertarian Cato Institute supports warrantless wiretapping…” It also gives Cato’s leftist critics more fuel to say the organization is really no different than, say, Heritage, or AEI.

. . .

I do think it’s a credit to Cato that they allow their scholars to have divergent views on contentious issues. That said, Cato is a libertarian organization. It’s one thing to have internal disputes over issues like intellectual property, incrementalism versus absolutism, or even (at least at the outset), the war in Iraq. But it’s something else to have a scholar making a public case for unchecked executive power to spy on U.S. citizens. Cato would never hire a health care analyst who favors a single-payer health care system. They’d never hire a criminal justice scholar who supports the war on drugs. You might hire, say, an education or trade analyst who doesn’t toe the party line on foreign policy. But you wouldn’t hire an education analyst who thinks we should give more money to the public school system, or a trade guy who supports farm subsidies or steel tariffs.


My opinion on this may reflect a difference in what we write about, because legal writing in general is pretty much exclusively about generating an opinion; there's no expectation that anyone is going to generate independent data. But for economics writing, the reliability of the data set matters, and that means that I have to trust that the person who generated it was at least capable of reaching a conclusion other than the one they ultimately published. I'm already reluctant to use all but the most anodyne data from think tanks--either right or left--precisely because I know that most of the scholars there knew what the answer was before they asked the question. Think tanks that fire people for ideological unsoundness do not get their papers mentioned by me.

I'm not ambivalent about what Cato should do: nothing. No matter how appalling Roger Pilon's position, I think it's better for Cato (and libertarianism) to develop a reputation for tolerating a lot of dissension within the ranks. If people can be fired for developing their own opinions, no matter how stupid or ideologically unsound, then we should stop calling them scholars and start calling them stooges.

Presented by

More at The Atlantic

Can Full-Metal jousting Become the Next Ultimate Fighting Championship? Can Full-Metal Jousting Become the Next UFC?
What Matters in President Obama's 2013 Budget What Matters in President Obama's 2013 Budget
We Don't Need a Digital Sabbath, We Need More Time You Don't Need a Break From Technology
Mourning in America: Whitney Houston and the Social Speed of Grief Whitney Houston's Death and the Social Speed of Grief
Manufacturing Is Special: Why America Needs Its Makers Manufacturing Is Special

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.
blog comments powered by Disqus
Special Report
The Civil War National Portrait Gallery The Civil War
President Obama reflects on what Lincoln means to him and to America, in an introduction to our special issue. Read more ›
View All Correspondents

The Biggest Story in Photos

Athens in Flames

Feb 13, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)

Megan McArdle
from the Magazine

Why Companies Fail

GM’s stock price has sunk by a third since its IPO. Why is corporate turnaround so difficult…

The Graduates

Busted banking careers, crashed consultants, and shrunken incomes: the author attends her 10-year…

Romney’s Business

The Republican contender touts his business experience—but does it really matter?