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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.

Ground Zero: If you build it, they won't come

By Megan McArdle
Jul 17 2008, 4:16 PM ET Comment

When we started talking about what to rebuild at Ground Zero, there was a strong faction urging us to "build them back, taller" or some variant thereof. As many of you know, I started this blog when I was working down at Ground Zero for one of the recovery company. My feeling was that the twin towers footprint should be preserved as a simple memorial: an open grassy space with the outlines of the buildings laid in bricks or something similar. My feeling was that the only way to appreciate the magnitude of what happened was to be able to see, across an open space, just how big the buildings were. I also felt that we should have a public space where people could be--not work, not shop, but simply enjoy other people.

But there was another reason I was against building new buildings there; the twin towers never really worked. It took a massive financial boom to make them desirable locations, and even then, they weren't a great address. Tall buildings don't work that well--above about fifty stories, the elevators needed to transport the people start crowding out the usable office space. This is why the WTC had those ridiculous "sky lobbies" where you had to change elevators to get to the top floors. Needless to say, on 9/11 the sky lobbies turned into death traps.

Once you throw in the fact that whatever gets built there will probably exert a magnetic fascination upon Al Qaeda and their ideological brethren, you've got a building that could only be built by the government (as, indeed, was true of the originals--they were pet projects of Nelson Rockefeller). There's nothing noble or grand about building office buildings where nobody wants to put an office. And I don't feel that Gettysburg is somehow "giving in to the Confederacy" because people no longer farm there.

Exhibit A: Merrill Lynch has pulled out of negotiations to take space in Larry Silverstein's buildings. It seems to me that it's time to rethink the whole project of putting more office space there, and turn the area into a national monument. If you're worried about losing commercial space--though this is hardly a current issue for New York's beleaguered financial industry--there are green spaces and low rise in the surrounding area that could be bought with eminent domain and built up.

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