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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.

Sick of being sick?

By Megan McArdle
Feb 15 2008, 4:59 PM ET Comment

Ezra Klein opines in favor of paid sick leave:

Indeed, they're not even being a mildly irrational actor. If you'd prefer to sniffle your day through work and use a sick day to take a long weekend, then doing so is perfectly rational. That's not an impulse an employer will ever be able to squelch. Additionally, as a friend just noted to me over IM, if you come in when mildly sick (and contagious), you build up lots of credibility for the day when you're really sick and need to stay home for a bit. That's the American way: We have to leverage working through our mild illnesses to feel justified in taking time off for major sickness.

You could, of course, change this calculation in the margin if all workers got paid sick days and sufficient vacation leave such that they didn't feel they needed to make a zero sum choice between staying home for a cold and being a good worker, or staying home for a cold and going to Tahiti.

There is probably some truth to this. But it bizarrely seems to assume that there is some steep demand in decline for long weekends after you've had three or eight, which is not, in my experience, true. The problem is, whether you call it sick leave or vacation days, a day off is a day off. Many people in America (and the rest of the world) already view their sick leave as a sort of backup vacation, which means that the temptation to hoard them by coming in when you're sniffly is intact. (This is why people in lower-skilled jobs are frequently put through the indignity of having to bring in a doctor's note.) If, as for most people, work is somewhere you'd rather not be, then when given the opportunity not to be there, you won't.

Social and cultural rules can control this to some extent, but they seem to break down over time, which is why the Scandinavian countries, with their generous sick leave policies, are having increasing problems with absenteeism. The problem is worst in Sweden, but it seems to be a concern anywhere that has generous leave policies.

[A] study showed 40 percent believe it is enough to feel tired to stay home and draw benefits.

A survey of 1,002 Swedes by the board also showed 65 percent believed they could go on sick leave if they felt stressed at work and 41 percent thought a conflict with their boss or workmates was a good enough reason.

One fifth thought a strike at the child care center also made them eligible for the benefits and 71 percent said family problems entitled them always or sometimes to sick leave.


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