WASHINGTON POST OPINION COLUMNIST BLOGGED AS "JANE GALT" BEFORE BLOGGING WAS A WORD AUTHOR OF "THE UP SIDE OF DOWN" RIGHT-LEANING LIBERTARIAN, NON-DOCTRINAIRE NOW AT THE DISPATCH + TWO PODCASTS WASHINGTON POST OPINION COLUMNIST BLOGGED AS "JANE GALT" BEFORE BLOGGING WAS A WORD AUTHOR OF "THE UP SIDE OF DOWN" RIGHT-LEANING LIBERTARIAN, NON-DOCTRINAIRE NOW AT THE DISPATCH + TWO PODCASTS
Megan McArdle
MEGAN McARDLE / SHE READS THE OTHER SIDE'S BEST ARGUMENT FIRST
Person / Journalist / Author

Megan
McArdle

The columnist who decided, somewhere between an English degree and a Chicago MBA, that the most interesting thing in the room is usually the argument she disagrees with.

BornNEW YORK CITY, 1973
BasedWASHINGTON, D.C.
BeatECONOMICS & POLICY
BylineWASHINGTON POST
The dispatch desk

She is still arguing with the smartest version of you

Most weeks, Megan McArdle's Washington Post column does something quietly unfashionable. Before she tells you why she thinks the policy is wrong, she builds the case for why it might be right - then knocks it down on the merits. It is a habit that has survived five newsrooms, a book about failure, and a political climate that rewards the opposite instinct.

Today the byline shows up in more places than ever. She remains an opinion columnist at the Post, where she has written since 2018 about the tangle of business, economics and public life. In 2025 she added a contributing-writer slot at The Dispatch and picked up a microphone, co-hosting the center-politics show "Central Air" with Josh Barro and Ben Dreyfuss and launching a Post podcast, "Reasonably Optimistic." The optimism is not a pose. It is the working theory.

What ties it together is a refusal to round off the hard edges. McArdle reads as a libertarian, but David Brooks once noted she applies those premises in a non-doctrinaire way - which is a polite way of saying she will follow an argument somewhere her own side would rather she didn't. She trained in English literature and then in finance, and she writes like someone who learned to love a good sentence before she learned to love a spreadsheet, and then refused to give either one up.

2001
First blog post
5 yrs
Blogging unpaid
6
Mastheads & counting
1
Book on failing well
How it started

A job fell through. A career fell into place.

The plan in 2001 was not journalism. McArdle had just finished her MBA at the University of Chicago's Booth School of Business, with a job lined up that promptly evaporated. What she had instead was an administrative role tied to the World Trade Center site and, in November of that year, a blog called "Live from the WTC." She wrote it under the pen name "Jane Galt," a wink at Ayn Rand. A year later she renamed it "Asymmetrical Information," and the handle has followed her ever since - she still posts on X as @asymmetricinfo.

She wrote for two years independently and blogged for five before anyone paid her for it. That is the part that gets skipped in the tidy version of the story: the long stretch where the writing was the reward and there was no audience guaranteed on the other end. By the time The Economist hired her in 2003 to write for its website, she had already done the unglamorous apprenticeship that most people quit.

In 2006 she founded The Economist's "Free Exchange" blog. In 2007 she moved to Washington and joined The Atlantic full-time, carrying "Asymmetrical Information" with her, and by 2010 she was its business and economics editor. Then Newsweek and The Daily Beast in 2012, Bloomberg View in 2013, and the Washington Post in 2018. The masthead kept changing. The questions did not.

The paper trail

Two decades, one through-line

2001
"Live from the WTC" - starts blogging as "Jane Galt" while working near Ground Zero.
2002
Renames the blog "Asymmetrical Information."
2003
Hired by The Economist to write for its website.
2006
Founds The Economist's "Free Exchange" economics blog.
2007
Joins The Atlantic full-time and moves to Washington, D.C.
2010
Becomes The Atlantic's business and economics editor.
2012
Moves to Newsweek / The Daily Beast.
2013
Joins Bloomberg View as a columnist.
2014
Publishes "The Up Side of Down."
2018
Becomes an opinion columnist at The Washington Post.
2025
Adds The Dispatch, and launches the "Central Air" and "Reasonably Optimistic" podcasts.
The argument

A book that says your worst mistake is the curriculum

In 2014 McArdle published "The Up Side of Down: Why Failing Well Is the Key to Success." The thesis runs against the grain of every triumph-narrative on the bestseller table: the people and institutions that do best are not the ones that avoid failure, but the ones that fail fast, admit it cleanly, and recover without drowning in shame.

It is a personal argument as much as a policy one. This is a writer who blogged unpaid for years, watched a post-MBA job vanish, and built a career out of the detour. The book reads bankruptcy law, parole hearings and venture capital through the same lens: how a system treats failure tells you whether it can learn. For a self-described libertarian, it doubles as a defense of the messy, error-tolerant machinery of markets.

What makes her tick

Four habits that explain the byline

Steelman first

She builds the opposing case before dismantling it. The point isn't to be fair for its own sake - it's that an argument that survives the strongest objection is the only one worth printing.

Numerate, not cold

English lit by training, finance by choice. She reaches for data without losing the sentence - the rare columnist equally at home with a regression and a metaphor.

Non-doctrinaire

Reads as libertarian, refuses to be predictable. She follows premises where they lead, even when her own side would prefer she stopped a paragraph early.

Reasonably optimistic

Her Post podcast title is also her disposition. She treats failure as information and the future as negotiable - a working theory, not a slogan.

Margin notes

Pinned to the corkboard

Coined "Jane's Law" in 2003 - the line about partisans in and out of power that still gets quoted every election cycle.▸ ON POLITICAL PSYCHOLOGY
Her father, Francis X. McArdle, ran New York City's environmental protection department under Mayor Ed Koch.▸ FAMILY FILE
Married Peter Suderman, an editor at the libertarian magazine Reason, in 2010 - a genuinely on-brand union.▸ PERSONAL
The pen name "Jane Galt" was a nod to Ayn Rand's John Galt, chosen for those very first posts.▸ ORIGIN OF A HANDLE
Called "the original blogger-turned-MSM journo" - she was doing this before it had a career path.▸ REPUTATION
Bernard L. Schwartz Fellow at the New America Foundation, bridging journalism and policy shops.▸ CREDENTIALS
For the record

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