Why Systems Need Failure
When an aggressive online commentator kept asking Megan McArdle why she was interested in writing about failure, she knew the answer immediately. “Write what you know,” she joked with the audience at the Hammer Museum. McArdle, business and economics editor of The Atlantic, argued that “the hidden strength of American society is how good we are at failure.” B-school to blogging McArdle’s got a chance to know failure personally when, after getting her MBA at the University of Chicago in 2001, she found herself in a rough job market. “Of …
