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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.

Stop in the name of conservatism!

By Megan McArdle
May 21 2008, 3:35 PM ET Comment

Steven Bainbridge says conservatives shouldn't be looking for new ideas:

To me, this is basically wrong headed. I can’t think of anything more contrary to the spirit of Burkean conservatism than a seach for the “next big thing.” Indeed, I would argue that a large part of the problem with modern conservatism is that Bush and the K Street Gang were more concerned with finding something big to do than with standing athwart history shouting stop.

Instead, it is the Libertarians and the progressives who are Big Idea people. Despite their obvious differences in philosophy, they share the absurd belief that if only their big idea(s) came to pass, society would inexorably progress towards some ideal.

In contrast, I stand with Buckley ("Don’t let ideologues try to create heaven on earth, because they’ll deprive us of freedom and make things a lot worse") and Bill Bonner ("Traditional American conservatism was not a doctrine of world improvement, but a mood of skepticism toward all “isms” and empire builders").


I understand that, but as a policy matter, conservatives need to figure out how they're going to stop the juggernaut. Reagan did it with tax cuts, big increases in defense spending, and deregulation. The first two are pretty much out of the picture, and no one's mounted a serious drive at deregulation for more than a decade. It would be nice if one could win an election on "Don't just do something--stand there!" This would quite warm my little heart. But it doesn't work. Conservatives need to figure out how they are going to roll back the bad ideas and prevent new bad ones from getting through. For that, they need a proposal a bit more eloquent than "Stop!"

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