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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.

A for effort

By Megan McArdle
Feb 19 2009, 6:47 PM ET Comment

Tim Burke writes of his grading:

I'm not terribly consistent in my internal understanding of what I'm doing when I grade. In general, I tend to imagine the B as the default grade, and an A as a grade that says, "You did something considerably better than ordinary". The C means, "This is really not as good as ordinary work". Failures are either, "This is dramatically worse than the norm" or "You blew this off, and I can see that you did".

I freely confess that I tend to have a slightly different understanding of how this scaling works out based on my understanding of what a student is capable of. The more I've graded a student, the more I form an expectation about what they can do. A student who has done consistently excellent, original work for me is likely to draw a much more negative reaction from me for doing ordinary work than a student who has done fine, decent but undistinguished work consistently. If I graded blind, I suspect I'd still have some pretty good guesses over time about the identity of writers, but maybe that would help shake up some of my assumptions. I'm weighing trying to do that next year for the first time.

I'm of two minds on this.  The purpose of a grade is to show mastery (or not) of some volume of material.  Is it fair to set the bar higher for me than for someone who isn't as capable?  Or vice versa?  Is it fair to send the signal to employers that I wasn't up to scratch even when I did objectively better work than some other student?

Maybe.  After all, one of the things that employers and graduate schools are presumably looking for is ability to exert oneself consistently.  Still, doesn't this penalize students who develop a relationship with a professor?



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