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

Awkward story for Barney Frank

by Russ Robertsvia Cafe Hayek
Thursday, July 30, 2009

This is an awkward story for Barney Frank...

Analysis and Commentary

How we feel about our taxes

by Russ Robertsvia Cafe Hayek
Tuesday, July 28, 2009

When people talk about their willingness to raise taxes, it is useful to remember that they are usually thinking of someone else...

In the News

Peter Henry on Growth, Development, and Policy

by Russ Robertsvia EconTalk
Monday, July 27, 2009

Peter Blair Henry of Stanford University talks with EconTalk host Russ Roberts about economic development...

In the News

John Taylor on the Financial Crisis

by Russ Roberts with John B. Taylorvia EconTalk
Monday, July 20, 2009

John Taylor of Stanford University talks with EconTalk host Russ Roberts about the fundamental causes of the financial crisis of 2008...

In the News

When to Let a Bank Fail

by Russ Robertsvia New York Times
Thursday, July 16, 2009

The CIT Group, one of the nation’s largest commercial lenders serving a million small and midsized companies, is on the verge of collapse...

In the News

Health care reform

by Russ Robertsvia Cafe Hayek
Wednesday, July 15, 2009

According to the Drudge Report, here is the Republicans' chart that describes the new proposed US health care system will work:...

In the News

Justin Fox on the Rationality of Markets

by Russ Robertsvia EconTalk
Monday, July 13, 2009

Justin Fox, author of The Myth of the Rational Market, talks about the ideas in his book with EconTalk host Russ Roberts...

In the News

Why are poor nations poor

by Russ Robertsvia Cafe Hayek
Friday, July 10, 2009

The planet's rich nations met this week to discuss, among other issues, ways to help the planet's poor nations...

In the News

Wages at Wal-Mart

by Russ Robertsvia Cafe Hayek
Tuesday, July 7, 2009

Shopping at Wal-Mart yesterday, I asked the cashier if she liked her job...

In the News

Collier on Democracy and Violence

by Russ Robertsvia EconTalk
Monday, July 6, 2009

Paul Collier of Oxford University talks with EconTalk host Russ Roberts about the ideas in his new book, Wars, Guns, and Votes, a study of democracy and violence...

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