Skip Navigation
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. She is currently on leave.
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.

End tenure for tenure

By Megan McArdle
Apr 7 2008, 3:11 PM ET Comment

So while I was away, there was a fair amount of blogging about whether John Yoo should be fired. I think Timothy Burke has undoubtedly the best post relating to the topic, even though it actually isn't about Yoo. It's about the question of why tenure is special.

I have absolutely no qualifications to weigh in on the legal merits of Yoo's arguments, so I won't; but I'm not sure I understand why he shouldn't be fired for them. The benefits of systems in which people can't be fired except in extremis--civil service, closed shops, academia--are real, but the lack of accountability that this creates seems like it might be worse than the problem it cures.

To be sure, no one who is thus protected from firing agrees with me. Even the conservative and libertarian professors I know mostly seem to defend tenure. On the other hand, I know no thinks that this is a good arrangement when they are the customer of a person or corporation with perfect job security. Who longs for the days of the old AT&T monopoly? Or gets a glad feeling in his heart when he contemplates the fact that Comcast--and only Comcast--has the right to sell him cable service?

In the case of the professoriate, tenure seems to me to create a series of disasters. I find it striking to listen to left-wing academics describe their vision of the American labor market--striking because it is not a very good description of the operation of the private sector job market, but it is a very accurate portrayal of the harsh and unduly binary outcomes of the tenure-track job search.

I hear economists on the left endorse a monopsony model of minimum wage employment that sounds frankly ludicrous to me, and should to anyone who has worked in fast food or retail--how could employers in industries that fragmented, with turnover rates well over 100%, possibly collude? On the other hand, it's a pretty plausible model for academic environments where a squillion graduate students are all chasing three jobs.

But beyond the effect on academic ideas about economics, the whole system is designed to attract and retain the risk averse and compliant. It may also be to blame for the near-perfect arrogance of many academics, who outrank even doctors and investment bankers on this score. Those who survive the tenure process tend to put a high value on its gatekeeper function--not only for keeping bad academics out of tenure, but also for keeping bad ideas away from the rest of us. The logic of tenure implies that they tell us what to do, not the other way around, dammit--and this is not exactly an unusual belief to find among academics.

Then there are the assorted characters that every academic complains about: the guys who won't do a damn thing for the department except show up and teach their two; the ones who stopped publishing anything other than op-eds the day their tenure (or full professorship, or chair) came through; the ones who get away with bullying the junior faculty because after all, they'll be on your tenure committee; the various forms of workplace social affective disorders that develop upon the realization that no one can do a damn thing to you; the guy who leaves the real teaching up to the TA because all he cares about is getting publications or, post-tenure, time on the golf course; the capricious crankery that goes into various kinds of decisions; the dead-enders who get invested in pointless or wrongheaded projects that never come to completion; the junior faculty who are afraid to disagree with powerful superiors they know are wrong; the senior faculty who hang on long after they are capable of doing good research or good teaching, because there's no way to ease them out.

All of these things occur in private companies too, of course. But they aren't inherent. In businesses these things aren't fixed; on faculty, they can't be. The damage is much mitigated by the fact that faculty have to have a certain degree of self-control to get where they are. But then, it is undoubtedly much exacerbated by the fact that one of the job's main attractions is freedom from accountability.

And then there are the cases like John Yoo's. Why should his university have to continue to associate with the author of ideas they find odious? Why should he not pay the price for his ideas? It seems to me that if there is one thing worth paying for, it is one's beliefs.

Ah, you will say, but then people will be afraid to express strong beliefs. True. Do we want academics who lack the courage of their convictions?

I suppose we must. We've certainly built a near-perfect system for finding them.

Presented by

More at The Atlantic

Watch and Buy: Kickstarter Is the Hipster Home Shopping Network Kickstarter Is the Hipster Home Shopping Network
Patrick Fitzgerald, Transcendent Federal Prosecutor, Steps Down Patrick Fitzgerald, Transcendent Federal Prosecutor, Steps Down
Buying a Piece of America: Why Chinese Shoppers Love U.S. Brands Why Chinese Shoppers Love American Brands
David Cameron, Europe's Latest Scapegoat David Cameron, Europe's Latest Scapegoat
Romney's Plan to Save Higher Ed: Let the Private Sector Handle It Romney's Plan to Save Higher Education

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.
blog comments powered by Disqus
View All Correspondents

The Biggest Story in Photos

The American West, 150 Years Ago

May 24, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)

(sample)

(sample)

Megan McArdle
from the Magazine

Why You Can’t Get a Taxi

And how an upstart company may change that

Europe’s Real Crisis

The Continent’s problems are as much demographic as financial. They won’t go away soon.

Why Companies Fail

GM’s stock price has sunk by a third since its IPO. Why is corporate turnaround so difficult…