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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.

Testable Hypotheses

By Megan McArdle
Apr 14 2010, 10:47 AM ET Comment

If I am driving or biking to work, I pretty much have to go through a traffic circle a few blocks north of the Watergate.  I am a big fan of roundabouts, and wish that America used more of them in place of intersections or interchanges.  Unfortunately, because we don't have a lot of roundabouts here, drivers don't quite get them, and they tend to behave very aggressively--particularly, for some reason, those coming off of K Street. 

DC has therefore placed traffic signs at each entry point to reinforce the obvious:  "Yield to traffic in circle".  This is not, however, what most drivers do.  What they do is play chicken with the cars in the circle-and particularly when I've been biking, they usually win.  It's incredibly dangerous, and unsurprisingly, I travel past traffic accidents in the circle fairly frequently.

My morning commute is thus accompanied by a lot of frustrated muttering.  Do they not see the signs?  Do they not understand what "Yield to traffic in circle" means?

I think this morning I got my answer.  There was heavy traffic coming off of Pennsylvania and K Street, and yet the turn lane onto New Hampshire was miraculously free of cars, the way it is supposed to be, instead of fleetingly populated by a half a dozen daredevils unwilling to wait for a break in the traffic.  Why?  I presume because the third car waiting to come off of Pennsylvania avenue was a cop.

They know what they're supposed to do.  They'd just rather risk their lives . . . and mine.


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