Home » Search Results

Confessions of a Steve Jobs Fanboy

This is a cross-post from James Altucher‘s blog Altucher Confidential. His previous appearances on the Freakonomics blog can be found here.

I saw the news this morning when I looked at my iPad. Whenever I wake up, the first thing I do, before even going to the bathroom, is turn on the iPad and check the news. My heart sank when I saw the headline: Steve Jobs, dead at 56.

From my first Apple product (an Apple II+), to doing all my homework in college on the first Macintosh, to reading this news on my iPad, to typing this sentence on my Macbook Air, so much of my life has been influenced and changed by this man. Very sad day. My question for readers (please answer in the comments section) is: what was your first Apple product?

And now, here’s an essay I’ve written about Jobs:

I was standing right next to Steve Jobs in 1989, and felt completely inadequate. The guy was incredibly wealthy, good-looking: a nerd super-rockstar who had just convinced my school to buy a bunch of NeXT computers, which were in fact the best machines to program on at the time. I wanted to be him, badly. Read More »

The Ten Commandments of The American Religion

This is a cross-post from James Altucher‘s blog Altucher Confidential. His previous appearances on the Freakonomics blog can be found here.

If I stood in the center of Times Square and said something like “Moses didn’t really part the Red Sea,” or “Jesus never existed,” people would probably keep walking around me, ignoring what I said.

But if I stood there and said, “Going to college is the worst sin you can force your kids to commit,” or “You should never vote again,” or “Never own a home,” people would probably stop, and maybe I‘d lynched. But I would’ve at least gotten their attention. How? By knocking down a few of the basic tenets of what I call the American Religion.

It’s a fickle and false religion, used to replace the ideologies we (a country of immigrants) escaped. Random high priests lurk all over the Internet, ready to pounce. Below are the Ten Commandments of the American Religion, as I see them. If you think there are more, list them in the comments.

The below is an excerpt from my just released book, I Was Blind But Now I Can See. Read More »

Why the Market Meltdown is Crazy

After Thursday’s massive stock market sell-off, a lot of people are talking about how we may be experiencing another year like 2008. I’m going to get right to the point: that’s impossible. Here’s what was happening in 2008:

A) Housing bust: housing prices were already down 20-40% off of their highs.
B) Financial crisis: two major banks had gone bankrupt and every other bank was at risk.
C) Mark-to-market accounting was ruining bank balance sheets.
D) The uptick rule had been abolished on short-selling.
E) We were already in a recession.

Let’s fast forward to right now and walk through those items plus a few more. But first, a reminder to follow me on Twitter. Read More »

How to Eat What You Kill

Life only tastes good when you eat what you kill. When you hustle for what you earn and someone pays you money in proportion to the service you’ve offered, the idea you’ve created, your ability to execute on it, and their ability to consume it in a way that benefits them.

Someone asked me the other day, “What does it mean when you say you ‘Eat what you kill’?”

It means that the greatest pleasure is going into the jungle and mastering the ability to hunt and survive without the help of masters who only pretend to guarantee our safety; i.e., bosses. Whether you’re an entrepreneur, an employee, a student, a homemaker, a writer — it’s time to start forgetting about all the ways the world has promised you safety and comfort.

Human knowledge has torn apart our families, our bank accounts, and lulled us into a creepy sense of Disney stability. A good friend of mine was just laid off from his job of ten years. He found out through an email and was asked not to come into work for the rest of the week and to clean out his desk when security came in on Saturday. All of that human knowledge in an email. Ten years of work. Time to cut costs. “What do I do now?” he asked me. Read More »

Freakonomics Radio: A Mouse in the Salad. What’s the Worst Restaurant Experience You’ve Ever Had?

I used to have a standing backgammon/lunch date with my friend James Altucher at a restaurant on the Upper West Side of Manhattan called Le Pain Quotidien. It’s part of a chain but a low-key, classy sort of chain — Belgian in origin, specializing in good bread, strong coffee, wonderful pastries, and an assortment of healthy, organic light meals: salads, tartins, etc. The restaurants have beautiful, rustic wooden tables, including a huge communal table, which is great for a backgammon lunch.

James and I had been playing at this location regularly for a year or two when something happened that caused us to leave in a hurry and not return. A woman at a table behind us began to make some distressing noise. A few people rushed over to see what was happening. Turns out she’d found a mouse in her salad. The entire corpse. James used my cell phone to take a couple of photos with it. In order to not turn your stomach without warning, I’ve published the photos separately — here’s the first one, and here’s a second, with a menu propped in the background, so we’d remember where this happened (as if we could forget!).

Our latest Freakonomics Radio podcast takes a thorough look at this incident. It’s called “Mouse in the Salad.” (You can download/subscribe at iTunes, get the RSS feed, listen live via the media player above, or read the transcript here.) Read More »

A Mouse in the Salad Full Transcript

Stephen J. DUBNER: So I’m on Broadway, walking down Broadway in the low 90s, and I’m about to get to the restaurant where I used to go all the time. Well, once a week, once every couple of weeks, and have these long backgammon games with my friend James Altucher and it’s called Le Pain […] Read More »

What to Do After a Dining Disaster?

Here’s the scene: a woman on New York’s Upper West Side walks into Le Pain Quotidien, a high-end café chain. She sits down, orders a salad. The salad arrives. The contents: a) leafy greens and b) an entire dead mouse. Two nearby customers, one of whom happened to be Stephen Dubner, saw the scene unfold. Read More »

QE3? Not So Fast. Let’s Debate the Merits of QE2 First

The Fed’s second round of monetary stimulus, the $600 billion QE2, ended on June 30. Since then, financial markets have rallied on news of another Greek bailout, and then fallen on weakening jobs and economic news from the U.S. The Dow is basically back to where it was when QE2 ended on June 30. So the world hasn’t ended, and yet there are those who think we need a third round. The minutes of the latest meeting of Federal Reserve officials, released Tuesday, show them divided on whether to implement a third round of monetary stimulus. Before we get ahead of ourselves, let’s first assess QE2. For that, we turn to two of our regular contributors, Justin Wolfers, and James Altucher. Read More »