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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.

Can the Office of Personnel Management Handle a New Job?

By Megan McArdle
Dec 9 2009, 3:59 PM ET Comment

Over at the Washington Post, Ed O'Keefe voices some of the concerns.  The biggest one is rather too subtle to ever make a good talking point, but I think it's important. "But giving OPM oversight of a new health-care plan sets it up for much more criticism and attention than it's accustomed to. OPM is a small but important agency with a limited focus and virtually no enforcement powers. The agency usually garners the attention of only a few lawmakers, the small but powerful federal workers unions and the inside-the-Beltway federal workers trade press (as well as a few national reporters, including yours truly)." 

I have a theory that agencies like this work relatively well because all the relevant stakeholders are deeply involved in the process, and legislators are not going to do random things to them in order to please some constituency.  The more opportunities your agency offers for political grandstanding, the worse run, on average, it will probably be.  OPM is not perfect, but from everything I know about it, it does a pretty good job with a minimum of fuss.

But if you bring huge numbers of new people into its purview, that changes.  They're going to get a lot more mandates--a lot more contradictory mandates, or mandates that impede the core mission--because suddenly, they're visible. 


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