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. She is currently on leave.
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.

Incentives Matter

By Megan McArdle
Nov 29 2010, 2:46 PM ET Comment

Who says you can't buy virtue?  Or at least, a very convincing facsimile?

Yesterday morning a six-foot-tall, two-hundred-pound man fainted on the subway platform at the East 103rd Street station of the 6 train. He tumbled down to the tracks as horrified commuters watched -- and meanwhile, an electronic display indicated that the next incoming 6 train was a mere three minutes away. (Anybody who is used to those displays knows that "3 MINUTES" could easily mean "60 SECONDS" or "15 MINUTES.") Carlos Flores, who was on his way to work downtown, saw the whole thing happen. "I was thinking, if he gets hit I can't go to work. It's Sunday. I can't miss out. It's a time-and-a-half day," he later told the Daily News. So he jumped down to the tracks himself and hauled the unconscious (and much heavier) man to his feet.

"I'm walking him toward the platform. A guy on the platform grabs his hands. Now I'm down there. The train is coming." The train, having been alerted by another commuter through the station agent, stopped before making it all the way into the station, just as Flores climbed out. He didn't wait to be congratulated, however. He hopped on that very 6 train and headed downtown. "I couldn't stay. I had to go to work," Flores said. "Christmas is around the corner. You need these time-and-a-half days." Now if only people would start "saving" those so-called "sick passengers" on the train who get you stuck for 30 minutes during rush hour. Save them by picking them up and running them right onto the platform!


Readers may debate among themselves whether this stands as a testimony to the benefits of capitalism, or the progressive labor movement which gave us time and a half on Sundays.



Presented by

More at The Atlantic

What It Means That Computers Can Tell These Smiles Apart, But You Can't Which Smile Is Fake? (This Computer Knows)
How One Mother's Story Helped Change Obama's Gay Marriage Stance How A Mother's Story Changed Obama's Gay-Marriage Stance
The Brash Hypocrisy of Lanny Davis This Man Represents Everything Wrong in Washington
Fact-Checking Claims on the Wonders of Pomegranate Juice Fact-Checking Claims on the Wonders of Pomegranate Juice
'Tis the Season to be Hateful (in Sports) It's Okay to Hate Sports Stars

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
View All Correspondents

The Biggest Story in Photos

Where in the World? Part 3: A Google Earth Puzzle

May 25, 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)

(sample)

(sample)

Megan McArdle
from the Magazine

Why You Can’t Get a Taxi

And how an upstart company may change that

Europe’s Real Crisis

The Continent’s problems are as much demographic as financial. They won’t go away soon.

Why Companies Fail

GM’s stock price has sunk by a third since its IPO. Why is corporate turnaround so difficult…