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

Hubris

by Russ Robertsvia Cafe Hayek
Tuesday, September 22, 2009

The Secretary of Energy gives us his view of Americans (HT: Drudge): When it comes to greenhouse-gas emissions, Energy Secretary Steven Chu sees Americans as unruly teenagers and the Administration as the parent that will have to teach them a few lessons...

In the News

Buchheit on Google, Friendfeed, and Start-ups

by Russ Robertsvia EconTalk
Monday, September 21, 2009

Paul Buchheit, developer of Gmail and founder of FriendFeed, talks with EconTalk host Russ Roberts about the evolution of the Gmail project, how innovation works and doesn't work in a large corporation, how Google has changed as it has grown, and corporate culture generally...

Analysis and Commentary

In stock

by Russ Robertsvia Cafe Hayek
Wednesday, September 16, 2009

The Price of Everything is now available in paperback at Amazon...

In the News

One Year In: What Do We Know About the Financial Crisis?

by Russ Robertsvia Mercatus Center
Tuesday, September 15, 2009

One Year In: What Do We Know About the Financial Crisis?...

Analysis and Commentary

Details

by Russ Robertsvia Cafe Hayek
Monday, September 14, 2009

I have removed my post from earlier today, quoting and discussing a New York Times story about Obama’s speech about Wall St...

In the News

Nye on the Great Depression, Political Economy, and the Evolution of the State

by Russ Robertsvia EconTalk
Monday, September 14, 2009

John Nye of George Mason University talks with EconTalk host Russ Roberts about the Great Depression, the evolution of the State, and attitudes people have toward free markets...

Analysis and Commentary

Trusting strangers

by Russ Robertsvia Cafe Hayek
Monday, September 14, 2009

The other day I was speaking about swine flu with a friend of mine who’s a doctor...

Analysis and Commentary

Why Wall Street Reforms Have Stalled

by Russ Robertsvia New York Times
Friday, September 11, 2009

One year ago next week, Lehman Brothers went bankrupt, Merrill Lynch was sold and A.I.G. was rescued by a huge federal bailout...

Analysis and Commentary

Thomas Friedman–scary

by Russ Robertsvia Cafe Hayek
Wednesday, September 9, 2009

One-party autocracy certainly has its drawbacks...

Analysis and Commentary

Three health care questions

by Russ Robertsvia Cafe Hayek
Wednesday, September 9, 2009

Why does the impending fiscal disaster known as Medicare justify increasing the role of the federal government and reducing the role of prices which are the essence of Medicare?...

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