Megan McArdle



Aug 28, 2015
Venezuela seems to be hovering on the edge of tipping into hyperinflation. Or perhaps it has already fallen into the abyss. Given the paucity of official data -- the none-too-believable official figures were last published in February -- it's a little hard to tell. The best...


Aug 19, 2015
Republicans have been saying repeal and replace Obamacare for so long that it has started to sound like one of those ceremonial phrases that drop out automatically at opportune moments.


Aug 17, 2015
Restaurants are running out of chefs. The work is astonishingly unglamorous: hot, manual labor performed in a tiny space. It also pays abysmally; the median hourly wage is just $11 an hour, and the 90th percentile, the elite of the profession, makes a princely $15.35.


Aug 7, 2015
How do we decide what is right and wrong? Psychologist Jonathan Haidt's theory is that humans have a small number of fundamental, intuitive moral foundations, such as sanctity, loyalty, authority, fairness, and an axis he calls care/harm. A corollary to this theory is...


Aug 6, 2015
China's stock market has had a spot of trouble lately. Perhaps you've heard? You may also know that the Chinese government has intervened heavily to try to prevent a financial panic.


Aug 3, 2015
In Washington, the high-stakes battles of yesteryear have given way to a grim stalemate, in which Obama doesn't try to do much of anything, and Republicans half-heartedly try to stop him from doing not very much, and everyone tells reporters how important it all is.


Jul 31, 2015
In recent years, health care cost growth has slowed down. This is great news for the federal budget, and for those of us who, you know, get health care occasionally.


Jul 29, 2015
In case you hadn't heard, New York State is raising its minimum wage to $15 an hour - but only for fast-food workers at places with more than 30 locations.At first glance, this seems bizarre. Why fast food?

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