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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.

Belgium no longer exists

By Megan McArdle
Mar 19 2008, 11:34 AM ET Comment

That's probably not the sort of thing you want to hear from a Belgian political leader, even one of a small nationalist party. Ingrid Robeyns reports on Crooked Timber that even though Belgium finally has a government again, things aren't exactly going swimmingly:

Whether or not that is true, the latest news is that Yves Leterme managed to reach an agreement on a new government yesterday. But what a government, and what an agreement! The coalition includes the three major parties (liberals, social democrats, and Christian democrats) and is asymmetrical, since the francophone social democrats are taking part, whereas the Flemish social democrats are not. This is highly notable, since until now federal governments have, to the best of my knowledge, never been asymmetrical in this way. But more worrisome, the agreement they reached is regarded by commentators from across the spectrum as extremely vague and weak. There are no details on the budget, yet there is an agreement on taxcuts (a demand from the liberals) and on an increase of the social benefits (a demand from the social-democrats), in addition to a commitment not to create a budget deficit. Perhaps they do believe in manna from heaven after all. Nothing is said about the Flemish demands to regionalise the social security system, employment policies and other responsibilities they wanted to transfer from the national to the regional levels. Nothing is said about how they will solve the problem with Brussels-Halle-Vilvoorde, without which future elections will be unconstitutional.

So no surprise that most media commentators ask: how long will this government last? De Standaard summarizes the situation aptly: “No team, no programme, no budget, no leader.”


The states of convenience cobbled together by nineteenth century European imperialism are still falling apart. In the long run, in the modern world it seems hard to have a state without a nation. I'm curious to see whether the process has some natural resting point.

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