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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 New Kind of Car

By Megan McArdle
Feb 17 2010, 11:52 AM ET Comment

As the proud owner of a well-used Mini, I feel compelled to weigh in on Ryan Avent's proposal for single-passenger vehicles that don't guzzle so much gas, or use so many materials.  He makes a pleasingly contrarian argument that a lot of the problem is government safety regulations, which naturally appeals to me.

All that said, it won't work.  First, because you'd be surprised how much room you need for groceries--a full run for the two of us can pack the mini's back pretty easily.  And second, it's too dangerous.  It's dangerous enough for motorcycles to share a road with cars, but motorcyles are maneuverable and their riders don't have big blind spots like you do in a regular vehicle.  A slightly better-armored golf cart cannot share a road with trucks, which they would have to even in train-accessible suburbs.  I am pretty reluctant to drive my Mini on long highway trips, for just this reason.

Differential speeds are a major cause of accidents, as is the inability to accelerate quickly. And of course, even in single-car accidents, lighter vehicles are more dangerous.  You're not talking about American auto safety regulations; you're talking about the laws of physics; if you're going to smash into something, you want as much stuff around you as possible to absorb the shock.  In a two car accident, the death rate would be enormous, since even my mini could crush one of these things.

Meanwhile,how many people want to park and insure an extra vehicle?

Such a system would be fine in a country where that's all that anyone drove.  But that's not the country we live in, and even if we did away with large passenger vehicles, we'd still have to put all the cargo trucks somewhere.


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