Russ Roberts

John and Jean De Nault Research Fellow
Biography: 

Russ Roberts is the John and Jean De Nault Research Fellow at the Hoover Institution. 

He founded the award-winning weekly podcast EconTalk in 2006. Past guests include Milton Friedman, Martha Nussbaum, Thomas Piketty, Christopher Hitchens, Bill James, Nassim Taleb, Michael Lewis, and Mariana Mazzucato. All 675+ episodes remain available free of charge at EconTalk.org and reach an audience of over 100,000 listeners around the world.

His two rap videos on the ideas of John Maynard Keynes and Friedrich Hayek, created with filmmaker John Papola, have had more than 10 million YouTube views, have been subtitled in 11 languages, and are used in high school and college classrooms around the world. His poem and animated video “It’s a Wonderful Loaf” (wonderfulloaf.org) is an ode to emergent order. His series on the challenge of using data to establish truth, The Numbers Game, can be found at PolicyEd.org. 

His latest book is Gambling with Other People's Money: How Perverse Incentives Caused the Financial Crisis (Hoover Institution Press, 2019). His book How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness takes the lessons from Adam Smith's little-known masterpiece The Theory of Moral Sentiments and applies them to modern life.

Roberts is the author of three novels teaching lessons and ideas through fiction—The Price of Everything: A Parable of Possibility and ProsperityThe Invisible Heart: An Economic Romance,and The Choice: A Fable of Free Trade and Protectionism, which was named one of the top ten books of 1994 by Business Week and one of the best books of the year by the Financial Times

Roberts has taught at George Mason University, Washington University in St. Louis (where he was the founding director of what is now the Center for Experiential Learning), the University of Rochester, Stanford University, and the University of California–Los Angeles. He holds a PhD in economics from the University of Chicago and received his undergraduate degree in economics from the University of North Carolina at Chapel Hill.

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Recent Commentary

Analysis and Commentary

The public option

by Russ Robertsvia Cafe Hayek
Sunday, November 1, 2009

Here is the video where Obama uses the Post Office as an example of why the public option won’t hurt private competitors...

Analysis and Commentary

The stimulus is a joke

by Russ Robertsvia Cafe Hayek
Thursday, October 29, 2009

The theme of this story is that a recent government report overstated (surprise!) the number of jobs “saved or created” by the stimulus spending...

Analysis and Commentary

Video of my testimony

by Russ Robertsvia Cafe Hayek
Thursday, October 29, 2009

Video of my testimony on Capitol Hill yesterday, talking about executive compensation (and the financial crisis) is here...

Interviews

Calomiris on the Financial Crisis

by Russ Roberts with Charles Calomirisvia EconTalk
Monday, October 26, 2009

Charles Calomiris of Columbia Business School talks with EconTalk host Russ Roberts about the financial crisis...

Analysis and Commentary

Vaccine Shortage

by Russ Robertsvia Cafe Hayek
Monday, October 26, 2009

In response to this podcast I did with Mike Munger, listener Milli Pritchett writes:...

Analysis and Commentary

Give the Money Back!

by Russ Robertsvia Cafe Hayek
Thursday, October 22, 2009

This (HT: Drudge) is the weirdest story of the year:...

Analysis and Commentary

They think we’re children

by Russ Robertsvia Cafe Hayek
Thursday, October 22, 2009

The Senate must soon increase the national debt limit to above $13 trillion — and Democrats are looking for political cover...

In the News

Munger on Shortages, Prices, and Competition

by Russ Robertsvia EconTalk
Monday, October 19, 2009

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the limits of prices and markets, especially in the area of health...

Analysis and Commentary

As Goldman Gloats, What Does It Matter For Us?

by Russ Robertsvia NPR
Thursday, October 15, 2009

Should we care about Goldman's profits and compensation?...

In the News

As Goldman Gloats, What Does It Matter for Us?

by Russ Robertsvia NPR
Thursday, October 15, 2009

Goldman Sachs' third quarter profits were an immodest $3.2 billion...

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