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

In the News

Cowen on Culture, Autism, and Creating Your Own Economy

by Russ Robertsvia EconTalk
Monday, September 7, 2009

Tyler Cowen of George Mason University and author of Create Your Own Economy talks with EconTalk host Russ Roberts about the ideas in his recent book...

Analysis and Commentary

Hayek and norms

by Russ Robertsvia Cafe Hayek
Tuesday, September 1, 2009

The latest episode of EconTalk is Mike Munger on cultural norms...

Analysis and Commentary

A deck chair on the Titanic

by Russ Robertsvia Cafe Hayek
Monday, August 31, 2009

In an incredibly misleading story that is making the rounds, the New York Times reports:...

In the News

Munger on Cultural Norms

by Russ Robertsvia EconTalk
Monday, August 31, 2009

Michael Munger of Duke University talks with EconTalk host Russ Roberts about cultural norms--the subtle signals we send to each other in our daily interactions...

Analysis and Commentary

Research help on Fannie and Freddie

by Russ Robertsvia Cafe Hayek
Monday, August 31, 2009

I am hoping someone out there can help me on this or knows someone who can help me...

Analysis and Commentary

Art (sort of) imitates life

by Russ Robertsvia Cafe Hayek
Wednesday, August 26, 2009

It turns out that in the latest edition of my novel, The Choice: A Fable of Free Trade and Protectionism, I imagined a weird version of the Cash for Clunkers program...

Analysis and Commentary

A health care manifesto

by Russ Robertsvia Cafe Hayek
Tuesday, August 25, 2009

What are the key principles of reform that would allow us to talk about reform without putting it in scare quotes?...

Analysis and Commentary

Will Time Prove Ben Bernanke Wrong?

by Russ Robertsvia NPR
Tuesday, August 25, 2009

President Obama has reappointed Federal Reserve Chairman Ben Bernanke, praising his creativity in preventing another Great Depression...

Interviews

Brady on Health Care Reform, Public Opinion, and Party Politics

by Russ Roberts with David Bradyvia EconTalk
Monday, August 24, 2009

David Brady of Stanford University talks with EconTalk host Russ Roberts about American public opinion on changing the health care system...

Analysis and Commentary

Health care vs. health insurance

by Russ Robertsvia Cafe Hayek
Monday, August 24, 2009

In this post, I asked you to respond to this question I received from a reader, Tom:...

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