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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.

Not a government--the government

By Megan McArdle
Jun 19 2008, 9:32 AM ET Comment

Chris Lawrence, among others, points out that "government" is not what has screwed up American rail; it's the American government. Yes, this is true, which is why I used the definite article. The American government's infrastructure process is pathological for a number of reasons, chief among them the endless public review process and the log-rolling needed to build a coalition for anything in the fractured US legislature.

But these are features of the American political system that are not, in my estimation, going away. As long as they dominate, it will be very hard to make state-owned rail work in this country. Private efforts seem more--if just barely more--likely to bear fruit. Obviously, I also think that things should be private wherever possible, but I am not denying that state-owned rail works well in other countries; I just don't think that it will ever do so here.

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