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.

Recommended reading

By Megan McArdle
Oct 10 2008, 12:12 PM ET Comment

I'm rereading the Great Contraction chapter from Milton Friedman's Monetary History of the US.  It struck me that there are probably a lot of people out there who would like some books that might help them make sense of it all.  Here's my list:

  • The Great Contraction by Milton Friedman and Anna Schwartz.  Just the 1929-1933 chapter of Friedman's massive work.  The book is somewhat technical, but with half an hour on investopedia looking up terms like velocity, it should be accessible to anyone decently intelligent and well informed.  Since this is the work that shaped the modern understanding of what happened in the Great Depression, it's well worth diving into.
  • The Great Crash by John Kenneth Galbraith.  Basically the opposite of the Great Contraction:  often technically incorrect outdated, but very accessible, and while much of the economic theory is questionable, the history is extremely engaging and often quite funny.
  • A Short History of Financial Euphoria by John Kenneth Galbraith Same caveats, and praise, as above apply.  The book is tiny-readable in one leg of a commute for an average reader.
  • Once in Golconda by John Brooks an extraordinarily enjoyable account of life on Wall Street prior to, and just after, the 1929 crash.
  • Liar's Poker by Michael Lewis  He didn't mean to, but he gave a pretty good primer of the explosion of the mortgage backed securities market in the 1980s.  It's also hilarious reading, and we could all use a laugh
  • Manias, Panics and Crashes by Charles Kindleberger  the definitive primer.
  • Extraordinary Popular Delusions and the Madness of Crowds  The first attempt to explain why people go so crazy over . . . well, nearly everything.  
  • Risk and Business Cycles by Tyler Cowen.  The authorship speaks for itself.
  • The Return of Depression Economics by Paul Krugman  Ten years old, but an excellent introduction to many of the current issues.


Presented by

More at The Atlantic

Was Facebook Inevitable? Was Facebook Inevitable?
'State of the WaPo' Watch: Two Articles Worth Reading The State of the Washington Post
In Memphis Classrooms, the Ghost of Segregation Lingers On In Memphis Classrooms, the Ghost of Segregation Lingers On
SNL's Zooey Deschanel Episode: 5 Best Scenes The 5 Funniest Sketches From SNL's Zooey Deschanel Episode
Using the Internet as Matchmaker: The Drawbacks to Online Dating The Drawbacks to Online Dating

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
The Civil War National Portrait Gallery The Civil War
President Obama reflects on what Lincoln means to him and to America, in an introduction to our special issue. Read more ›
View All Correspondents

The Biggest Story in Photos

Athens in Flames

Feb 13, 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?