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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 roundup

By Megan McArdle
Jan 10 2008, 7:16 AM ET Comment

Glen Whitman highlights a problem that was part of what I was trying to get at when I declined to cast a protest vote for Ron Paul:

Given the relative rarity of libertarians, both in the public eye and in general, most people’s judgment of libertarianism will be based on a very small sample – often a sample size of one. If the first libertarian someone meets is a smart, reasonable, decent person, they will come away with a positive impression and possibly a willingness to explore further. If the first libertarian someone meets is a wild-eyed lunatic, on the other hand, they could easily write off libertarianism as the ideology of wild-eyed lunatics.

The Paul candidacy presents a special case of the small-sample problem. For many people, Ron Paul is the first and only libertarian-identified candidate they’ve ever seen receive any serious media attention. As a result, they may assume other libertarians share all of his views. Many libertarians, including Kling, are wary of supporting Paul – even though they probably agree more with Paul than anyone else in the field – because they fear the public will assume that all libertarians are anti-immigrant gold-bug conspiracy theorists (and possible closet racists).


Meanwhile, Ross Douthat sums up roughly my suspicions about Ron Paul's racial attitudes:

You know, I half-believe Ron Paul when he says that he is not a bigot or a racist or an anti-Semite. I half-believe him in when he says the inflammatory material that James Kirchick has uncovered in years and years of newsletters and pamphlets with his name on them was written by others without his supervision or direct permission. But what I'm nearly sure of is that he doesn't really care that much if some of the people around him are racists - not because he shares their opinions, but because he thinks those opinions aren't all that important in the grand scheme of things.

This doesn't make Ron Paul a terrible person; it just makes him human. He believes in a constellation of ideas - some of them nutty, but some of them not - that have been shunted to the fringe of American political life. And people who find themselves in that position tend to be far, far more forgiving of their allies' various tics and idiosyncracies and yes, bigotries than would otherwise be the case. It's unfortunate, but it's also human nature: If someone agrees with you and supports you when the whole world seems to be against you, of course you'll be more likely to look past their tendency to suggest that Mossad was behind the 1993 WTC bombing, or their fondness for pre-apartheid South Africa. When you're way out there on the fringe, without any obvious way to reach the mainstream, it's very easy to tell yourself that your dubious friends aren't really all that bad - and that besides, if you ever start finding your way back to the mainstream, it won't be all that hard to jettison them along the way. It's easy, as well, to start making excuses for them: If the mainstream accuses you of anti-Semitism, unfairly, because you're a principled non-interventionist who wants the U.S. to pull out of the Middle East, it's easy to find yourself making excuses for other people who get tarred (more justly) with the label. And then time goes by, the mainstream never gets any closer, you're spending all your time in a cramped and crankish and resentful world, and you hear yourself thinking hey, if these neo-Confederate guys are right about states' rights and the Constitution, then maybe they're right about race too ...

It's the most natural thing in the world. Just ask Sam Francis.


It kind of doesn't matter what he actually believes. A number of libertarians have argued that Dr. Paul is obviously not a racist because he has so many other crazy ideas that if he did hold repulsive racial views, he would have aired those too. I find this pretty unconvincing. Since my blog brought me out of the closet, pretty much everyone I know is aware that I think we should privatize Social Security, eliminate most forms of government spending, get rid of the corporate income tax, legalize heroin, etc. etc. Almost all of them think I am crazy. But they still associate with me. I myself am friends with at least one person who claims to be an actual communist, and doesn't suffer socially for it. However, if either of us started saying "You know, the real problem with America is race-mixing" that would clearly put us in an entirely different category of crazy loon: the kind you shun. Ron Paul doesn't have Tourette's syndrome; I presume he is able to discern these find distinctions as well.

But regardless of whether he believes the things he wrote, we punish people (socially) for enabling racism. Dr. Paul should be abandoned because that is how American society, and the libertarian movement, says: "Helping racists publish their nastygrams is totally legal, but it's not ok."

Incidentally, I apologize if yesterday's Ron Paul post came off as "I told you so". I'm not surprised that Ron Paul's newsletter occasionally plunged into the fever swamp to wallow in the muck, but it's not as if I knew this was coming.

And ending on a "hmmmmm" note, has anyone else noticed that the Paul supporters have completely disappeared? I have one left in my comments who was a regular reader before I ever posted on Paul. But the locust hordes are no longer descending on my comment section every time I mention the good doctor's name.

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