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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.

Forgotten, but not gone

By Megan McArdle
Feb 25 2008, 2:35 PM ET Comment

Ralph Nader declares his candidacy again.

I confess, I've never really understood the appeal of figures like Ralph Nader and Ron Paul. I vote for candidates who can't possibly win--but only when I am genuinely unable to muster a preference between the major-party candidates. Ralph Nader voters clearly have a preference for Democrats over Republicans, and Ron Paul voters, at least those who have graduated from college already, probably mostly prefer the reverse. So why vote for the guy you know can't win?

I know, I know--you want to move the party in the direction of Truth, Justice, and the American Way. But this is wishful thinking. The reason that those of us on the fringe--libertarians, Greens, socialist workers, or what have you--do not have more representation in government is not because there is some structural problem with the American political system, like a lack of IRV or minority party candidates. The reason we don't have more representation is that most people just don't agree with us. Oh, I know you can find a poll that says that voters want national health care, a guaranteed income, a carbon tax, or lower government spending. But voters like lots of things in the abstract. When you get down to the specifics of raising their taxes and restricting their choices, they tend to get balky. The Democrats cannot move significantly closer to Nader, nor the Republicans to Ron Paul, without losing more voters in the center than they gain on the fringe.

That's not to say that you should have a preference between Democrats and Republicans--frankly, these days, it feels a lot like "So, by which of the plagues of Egypt would you like to be consumed?" But if you do, you should vote for that candidate, rather than making an expressive vote which could put your last choice into office.



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