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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.

What's Sauce for the Goose . . .

By Megan McArdle
May 7 2010, 3:16 PM ET Comment

A couple of days ago, when I wrote about Arizona's new immigration law, I got a lot of pushback for my belief that majorities should avoid racial profiling, and other tactics that place targeted inconveniences on minority populations.  That's why I argued that if we were going to check the immigration status of anyone during a routine traffic stop, we should check the immigration status of everyone, no matter how unlikely to turn up violators.  A law that is too burdensome to pass if it affects the majority probably shouldn't be passed if it's only targeted towards a smaller group . . . precisely because the majority apparently believes that the burden is too large in relation to the problem it solves.

Conservatives weren't buying it.  Which is weird, because conservatives make this argument all the time, except that it's about taxes. 

I have no trouble at all persuading my conservative readers that it's a real problem when the majority of the population experiences zero marginal cost when they think about voting for a new spending program . . . that we're likely, in that scenario, to get a lot of excessively burdensome spending problems that don't really merit the tax dollars that are spent on them.  (And yes, conversely, liberals grasp the civil liberties problem immediately, but are curiously immune to it when it involves property rights.)

Non-cash costs to liberty are real costs, even if they happen to someone else--but if they happen to someone else, some smaller sub-population, we're likely to impose far too many such burdens. 

The original American insight was that we should be very, very cautious about "spending" our liberty on security--even if that liberty belongs to someone else.  Both economic security and physical security are very valuable, and worth giving up some liberty for . . . but economic liberty and physical liberty are also incredibly precious, and should be treated as the irreplaceable treasures that they are.


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