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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.

Say what?

By Megan McArdle
Feb 11 2008, 4:49 PM ET Comment

I keep waiting for Portfolio not to be a terrible, terrible magazine, and I keep being disappointed. It's supposed to be aimed at the high-end financier, but it reads more like it was written for women who want to date high-end financiers, and need a little cocktail party chat to keep things going until they can invite him back for some cognac. I bought one in Florida, on the assumption that it really couldn't be as bad as I remembered, but there you are--when you assume, you make an ass out of you and me both. The first half of the magazine is basically New York poorly repackaged via some tenuous connection to business (art criticism is really financial journalism, because heck, people pay money for paintings). The second half is filled with dull and out of date articles about trends that were interesting three years ago. This editorial, though, is probably the worst of the lot:

No one knows what will happen with the case in the Roberts court, but I know what I would do. I have no personal interest in guns, and I'm agnostic as to whether gun bans really do anything to prevent crimes like the one that ended Tim's life. Obviously, the law in D.C. did not save Tim; it seems to have served only to disarm the law-abiding. I believe the District's ban is draconian: It holds that just current and retired police officers can own handguns. You can own a rifle, but it must be disassembled, making it impossible to use for self-defense. It seems crazy that the named litigant in the case, Dick Heller, who carries a handgun for his job as a guard at a courthouse, can't have one in his home because security guards are technically not police officers. It's one thing to regulate gun sales, but a flat-out ban seems like bad policy in terms of its effectiveness and whom it affects.

Still, I hope the court upholds the ban. It's overwhelmingly popular here; no D.C. council member wants it repealed. I'm not a lawyer, let alone a scholar, but I see no reason to interpret the Second Amendment as forbidding a jurisdiction from banning a particular weapon, whether it's an assault rifle or a handgun. As Linda Singer, D.C.'s former attorney general, told me, "Banning one particularly dangerous arm does not mean banning the right to bear arms." She notes that handguns are by far the predominant weapon used in murders and suicides in Washington and elsewhere. In 1976, the District's second year of autonomous home rule, the gun ban was one of the first laws passed, in part because all of the city's rapes in 1974 that involved a firearm were committed with a handgun.

In the wake of Tim's murder, it would be easy to give a knee-jerk liberal or conservative response: We need more gun control; we need less gun control. But the most important thing, to me anyway, is who decides. That ought to be the people of D.C., like Tim's grieving family, through their elected representatives. Tim's life is too precious to be reduced to either side's talking point


There is a lot of illogical drivel spilled on the topic of guns, but this particular piece seems to be gunning for some kind of award. The law, he admits, seems to be useless, and perhaps it violates the constitution; hell, maybe it disarms the law-abiding while leaving criminals armed. But what are these things, in comparison with the right of the people of DC to express themselves? Presumably if they wanted to express themselves by banning free speech, making us all wear uniforms, or burning witches at the stake, that too would be their sovereign right as The People, the standard-bearers of Democracy.

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