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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.

The P-word

By Megan McArdle
Jan 7 2008, 12:58 PM ET Comment

John Scalzi has a rather scathing post up on the subject of the "privilege checklist" apparently deployed by professors at Indiana State to show their charges what a bunch of pampered sissies they all are. I share a number of Scalzi's objections: like him, for example, I wasn't read children's books because I learned to read very young. He goes on to list the number of ways that he, who was not privileged, nonetheless registers as privileged by this checklist. I, who had a pretty soft upbringing, must also protest. Many of the things on the list have nothing to do with "privilege", and in fact, I didn't get them, because my parents poured pretty much all of their disposable income into educating me: vacations, for example. Many of the other things on that checklist--getting a new car from your parents, going on a cruise with your family, having a television in your room--were rare among my ultra-privileged private school classmates because they were seen as vulgar; not having those things was a sign of higher social class. (I think some of that's changed now, though, from what I gather, not the disdain for cruise ships.) This list reeks of academics confusing their petit-bourgeois disdain of ostentation with actual privilege. Having a television in your own room is a sign of poverty mostly to the less well remunerated castes of the lower-middle class, who always feel they should be pouring the money into something more worthy; it is not an uncommon sight among welfare families in New York City.

Vacations with hotels are an even less reliable indicator of "privilege". Aside from a youthful trip to Niagara Falls, I can't remember any family vacation that did not involve visiting relatives, or did involve an airline flight. I can think of no way in which this hampered my development as a fully actualized human being, or an economically productive member of society; nor do I think that the fact that I have not been to Disneyland1 materially affected my chances at Harvard2. I'm a child of privilege not because my family gave me fantastic leisure opportunities, but because the circumstances of my birth and upbringing made it relatively easy for me to choose my path in life. Every one of those professors' kids is more privileged, in that sense, than the child of the median car-dealership owner.


1But didn't your parents love you? cried one friend, upon learning this.

2Though in fairness, any effect would probably have been swamped by my anemic high school GPA.

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