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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. She is currently on leave.
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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.

China's Sometimes Scary Infrastructure

By Megan McArdle
Sep 30 2011, 12:47 PM ET Comment

After last week's subway accident, Adam Miniter pens some pretty scathing words about the Shanghai subway system:


Shanghai's subway riders (I am one) are all-too-familiar with bungling conductors who often ignore signals and don't line up train cars with platform doors. Shanghai Subway Line 10, along which the Sept. 27 accident took place, has only existed for 18 months but had already become notorious. One day, a train car's glass doors  spontaneously shattered. Another day, a conductor led a train down the wrong track, only to then make the dangerous decision to back the train up.

Subway commuters across China have been plagued by similar operational problems and the subway lines' overall sub-standard construction. In 2008, for example, 10 people were killed in eastern China when a subway tunnel collapsed.

After the Sept. 27 accident, Yu Shunshun, a well-known blogger, went to Sina Weibo, China's leading Twitter-like microblog, to give some advice to Shanghai's subway-wary citizens:

... Take the middle carriage whenever you are on a metro line or a high-speed train ... if the vehicle is overloaded, please send a message describing your position so as to make it easy for your relatives and friends to locate you. Make sure your cell phone has power before you step on any vehicle and be sure to pray for yourself.
In many cases, that's the best Shanghai's commuters can do to protect themselves.

As Shanghai's housing prices rise, residents have little choice but to move further and further away from the city center. They rely on the subway lines to get to work, but the lines were built quickly and shoddily. A common feeling among Shanghai's commuters is that the subway was not designed to serve them, but to enhance the status of Shanghai's Communist Party leaders.

I'm not sure it's possible to build so much infrastructure so quickly without cutting corners on quality.  But whether or not it's possible, it doesn't look as if China has managed.


On the other hand, as Miniter notes, what are you going to do?  The alternative is sleeping in a park.  Or staying home.


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