Press play to hear this article's soundtrack.
It is with deep, deep, ever-so-deep sadness that we at the Snark note the passing of Megan McArdle from the pages of The Atlantic (online!) It seems that she and her beloved magazine have parted ways and now McArdle must bid adieu to her cushy, prestigious little Watergate office. But as McArdle told us when she bought her darling Victorian row house, she has confidence that she can always find a new job in DC, and lo and behold, McArdle was snapped up at once by Tina Brown.
This is a bittersweet post for me to write. I've missed you all terribly while on leave, and in the interim, Newsweek has come to me and made me an offer I couldn't refuse to move there.Ah, proof positive that McArdle was not fired, as some ungenerous people might think. True, McArdle went on book leave right after lying about her Koch conflict of interest but since The Atlantic never cared about that before it could not have fired her for such unprofessional conduct. Now we know that McArdle quit to write for The Daily Beast and Newsweek instead. They must have offered her a great deal of money; while Newsweek has a bigger audience, The Atlantic featured McArdle prominently as its only female Voice. Anyone trying to find McArdle amidst the clamoring clutter of The Daily Beast will need a search engine and a microscope.
Some might quibble at the disloyalty McArdle has displayed after all The Atlantic has done for her by taking a chance on a little-known blogger and financing her book leave. Thanks to The Atlantic McArdle was also a shining star at the Aspen Ideas for Big Brained Thinkers festivals and followed those triumphs with speaking engagements and fellowships provided by allies of David G. Bradley. But, thanks to McArdle, we all know that the most important thing in the world is money and we also know that where money goes, Megan McArdle follows.
I'll still be on leave for a few more months while I finish up the project I've been working on, and then at the end of the summer, I'll start blogging and writing for Newsweek/Daily Beast.Yes, Megan McArdle, once the Senior Editor for economics at The Atlantic, will now be one of the fine stable of bloggers at The Daily Beast and a "correspondent" for Newsweek. Evidently her first assignment has something to do with McArdle's specialty, failure. Wikipedia tells us:
The back page is reserved for a "My Favorite Mistake" column written by celebrity guest columnists about a mistake they made that defines who they are.Since McArdle recently tweeted requests for her devoted followers to fill out a survey on their favorite mistake, McArdle must be working on that or a similar column; we look forwards to many posts and articles explaining how wonderfully failure has worked out for, well, certain people.
[yap yap yap]
I'm very excited about the opportunity to work in a newsroom led by Tina Brown, whose turnarounds of Vanity Fair and The New Yorker are legendary. But it is not without regret--the inevitable regret that tradeoffs are necessary and I cannot take the job at Newsweek/Daily Beast without leaving so much behind at The Atlantic. In my five years here, we've gone from a magazine that was fantastic, but losing money by the bucketful to one that was still fantastic, but also profitable. That happened in the middle of the worst financial crisis since the Great Depression, an achievement which still boggles the mind. We've built a web presence, and a web brand, that few organizations can match. And it's been immense fun. Working for The Atlantic has been more than I ever dreamed it would be. I'll forever be immensely grateful to everyone who was here during my time--including my readers and my commenters, who are the ultimate reason that I get to spend my days reading and writing about stuff that interests me.Those readers and commenters variously informed McArdle that they wished her the best and that most of them would continue reading her column at The Daily Beast, if they could find it. A few noted sadly that they understood her decision to sell out and didn't blame her at all for going for the money, and a few took a final shot at our favorite libertarian princess, now swiftly replaced by Garance Franke-Ruta. (Thanks, Downpuppy.)
Come tomorrow, I should have a URL to give you for the new blog, where I'll be posting a little bit over the summer (expect a post when the Supreme Court decision on ObamaCare drops). For now, I'll just say thanks for reading. I miss you guys more every day.The link did not arrive but she need not bother; a less-important Megan is not the threat that an Atlantic Megan represented, and therefore is not worth wasting one's time over. Since McArdle was recently whining about her nasty troll critics no doubt she will be immensely relieved that she has traded prominence and respect for money and can now sink into anonymity. The Snark will continue to check out McArdle from time to time but as she is no longer important she will no longer be a central focus on this blog.