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. 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.

Red Light Cameras, Yellow Light Times

By Megan McArdle
Apr 2 2008, 10:33 AM ET Comment

[Jon Henke]

The Virtuous Republic argues that "red light cameras have nothing to do with safety. They are simply means of taxation that you the voter have no say in." He's talking about this story...

Six U.S. cities have been found guilty of shortening the amber cycles below what is allowed by law on intersections equipped with cameras meant to catch red-light runners. The local governments in question have ignored the safety benefit of increasing the yellow light time and decided to install red-light cameras, shorten the yellow light duration, and collect the profits instead.


Indeed, the incentives involved for the government are very perverse. If you reduce the yellow light duration, you'll get a bit more revenue. If you lengthen the yellow light duration, you'll reduce accidents and save lives. So public officials choose to....reduce yellow light duration?

[insert comment here about the monopoly power of government]

Shortening the yellow light below the minimum time is clearly wrong - i.e., illegal and unethical - but what about the more general disparity in yellow light duration? Some yellow lights last 4 seconds, others 5 seconds, others 6 seconds, etc. How can drivers make the stop/go decision with confidence when there is such a large disparity in yellow light duration?

Even if they don't shorten yellow lights below the minimum, drivers are unlikely to know until after they've been caught just how long a yellow light might be. That also seems problematic from a legal and ethical standpoint. Imagine a law against loitering under which you could be charged (without prior warning) for remaining in one place for too long...but the duration was not posted and you were not informed until after you had been ticketed/arrested. That would be clearly problematic, but how is it very different from the yellow light disparity?

The reason for disparities in yellow light times is obvious (speed, intersection size, etc), but the result is a law about which drivers are forced to make split-second guesses. And cities have an incentive to stack the deck against them.

Presented by

More at The Atlantic

Manufacturing Is Special: Why America Needs Its Makers Manufacturing Is Special
Sarah Palin Brings Out the Barbs at CPAC Sarah Palin Ends CPAC With Rousing Speech
The Implications of the Military Opening More Positions to Women The Implications of Adding More Women to Our Armed Forces
Death by Flavored Vodka Death by Flavored Vodka
The Truth About income Inequality in America The Truth About Income Inequality in America

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
Special Report
Election 2012 Reuters Election 2012
The destination for full politics coverage, from the primaries to the White House. Read more ›
View All Correspondents

The Biggest Story in Photos

The Civil War, Part 3: The Stereographs

Feb 10, 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)

Megan McArdle
from the Magazine

Why Companies Fail

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

The Graduates

Busted banking careers, crashed consultants, and shrunken incomes: the author attends her 10-year…

Romney’s Business

The Republican contender touts his business experience—but does it really matter?