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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.
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Thought for the day

By Megan McArdle

Feb 19 2009, 5:39 PM ET Comment

Isn't it astonishing how many of the commentaries on the crisis follow the same format:

  1. Commentator X thinks that Person or Program Y was responsible for this disaster
  2. This is clearly nonsense because of fact Q.
  3. That is why people of good sense know that in fact, the entire thing is the fault of Person Z, who is an evil and irresponsible moron.
Is the human brain even capable of coming up with an explanation that does not require the activity of some nefarious agent?

Corollary:  Assuming that we are indeed facing, in large part, a crisis of confidence, would this crisis be solved more quickly if we stopped nattering about the banking system and simply burned us some witches?


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