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

Le illusion

by Russ Robertsvia Cafe Hayek
Friday, August 21, 2009

Sara Paretsky, in an article in the NYT entitled Le Treatment, described an emergency room in France and observes that rude bureaucrats in the French health system are worth putting up with, given the price:...

Analysis and Commentary

IOUs for suckers

by Russ Robertsvia Cafe Hayek
Wednesday, August 19, 2009

Turns out it isn’t Cash for Clunkers...

Analysis and Commentary

Just say no to unintended consequences

by Russ Robertsvia Cafe Hayek
Wednesday, August 19, 2009

One of the unintended consequences of the cash for clunkers program is that it is hurting charities...

Interviews

Hitchens on Orwell

by Russ Roberts with Christopher Hitchensvia EconTalk
Monday, August 17, 2009

Christopher Hitchens talks with EconTalk host Russ Roberts about George Orwell...

Interviews

Hanushek on Test-based Accountability, Federal Funding, and School Finance

by Russ Roberts with Eric Hanushekvia EconTalk
Monday, August 10, 2009

Eric Hanushek of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the current state of education and education policy...

Analysis and Commentary

Ninety Six Billion (and counting)

by Russ Robertsvia Cafe Hayek
Friday, August 7, 2009

From Yahoo news (HT: Drudge): The mounting price tag for the rescue of Fannie and its goverment-sponsored sibling, Freddie Mac, is surpassed only by insurer American International Group Inc., which has received $182.5 billion in financial support from the government so far...

Analysis and Commentary

The future

by Russ Robertsvia Cafe Hayek
Friday, August 7, 2009

I find it fascinating that everyone assumes the economy is on its way to recovering...

In the News

Where I’ve been and where I’m going

by Russ Robertsvia Cafe Hayek
Thursday, August 6, 2009

I haven’t posted as much as usual over the last three weeks and I wanted to let you know what I’ve been up to...

In the News

Graham on Start-ups, Innovation, and Creativity

by Russ Robertsvia EconTalk
Monday, August 3, 2009

Paul Graham, essayist, programmer and partner in the y-combinator talks with EconTalk host Russ Roberts about start-ups, innovation, and creativity...

In the News

Quiz for Clunkheads

by Russ Robertsvia Cafe Hayek
Monday, August 3, 2009

Imagine you’re a member of Congress...

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