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.

Brownstein On Gruber

By Megan McArdle
Jan 8 2010, 12:36 PM ET Comment

Given that Jonathan Gruber was the lead in his piece, I emailed Ron Brownstein to ask what he thought about Gruber's lack of disclosure.  Brownstein's a seasoned political reporter, and he certainly has a much better feel than I do for what is, and is not, allowed.  Here's his take:

Given the prominence with which I quoted Jonathan Gruber of MIT in several recent pieces, I've been asked today whether his work for the administration came up at any point in our interviews on health care. I looked through my notes this morning of the two conversations I had with him last fall on health care, and in the notes there is no indication that his work for the administration came up-it wouldn't have occurred to me to ask and he didn't raise it. That is also my personal recollection. Frankly I cannot imagine any way in which I would have known about his ties and not disclosed them in anything I wrote about him. I checked with Gruber today and that was his recollection as well: that I did not ask about it (anymore than I would have routinely asked any other academic analyst), and he did not raise it.

With disclosure, I don't think I would have completely put him outside the pale of people to talk to-he's really about as sharp as they come on this stuff and I still believe that readers would (and did) benefit from his perspective. But I am confident that knowing about his relationship would have led me to emphasize other analysts to a greater extent, and again, to definitely disclose the connection any time I did quote him.

I would, however, point out that even in my conversations with him last year, I don't feel that Mr. Gruber was ever simply an advocate for the administration or the Congressional Democrats: for instance, while his comments in my Atlantic post were quite favorable to the direction of the final Senate legislation (a view that hardly mae him unique among health reformers), he was much more critical of the direction of the Senate bill in a conversation earlier last fall which I quoted him from in a National Journal column in October. Here's the link to that piece.

And I would also note that in my conversations with him in 2008, Gruber actually was a supporter of the John McCain financing approach to health care-that is, replacing the employer tax exclusion with a credit for individuals, which of course Obama fiercely opposed. Gruber's view was that the problem with the McCain approach was linking an end to the exclusion (which would have inevitably pushed more people into the individual insurance market) with deregulation of insurance markets by allowing any policy sold anywhere to be sold everywhere (interstate sale); rather he believed that a good approach would be to marry the McCain financing actually with the Obama insurance reforms. Here's language from my May 17, 2008 column:

But some experts, including centrists such as prominent health economist Jonathan Gruber, would take the gamble of McCain's tax credit plan. They consider it fairer than the exclusion, which reduces taxes most for affluent workers and penalizes people who buy insurance as individuals rather than through their employers. The catch is that many credit supporters (Gruber included) say it can work only if it is joined with reforms that ensure more risk-sharing and equity in the individual marketplace.

As late as my column of June 13 of this year, I quoted Gruber as strongly advocating a cap on the employer-exclusion-not exactly a position popular among most Democrats.

Bottom line from my view: readers should have been aware of Mr. Gruber's relationship with the administration so they could make their own judgments on whether that would qualify or color their assessment of his analysis. Personally, I don't see evidence that he functioned as an advocate for the administration, rather than an analyst with his own distinctive views. Still readers should have been aware of the connection so they could have made that judgment for themselves, and I wish I had known about it during my conversations with him.


Presented by

More at The Atlantic

10 of the Greatest Kisses in Literature The Greatest Kisses in Literature
The fEARLESSness of Jeremy Lin The Fearlessness of Jeremy Lin
Rick Santorum Wants Your Sex Life to Be 'Special' Rick Santorum Wants Your Sex Life to Be 'Special'
Greece Is on Pace for the Worst Recession in Modern History Why Greece's Recession Could Get Much Worse
Our Aging Prison Population: Should Criminals Die Free? Should Aging Prisoners Die Free?

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
Beyond the BRICs Reuters Beyond the BRICs
A look at the next big global economies—and the rise of a global middle class. Read more ›
View All Correspondents

The Biggest Story in Photos

World Press Photo Contest 2012

Feb 15, 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?