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

Easterly on Growth, Poverty, and Aid

by Russ Robertsvia EconTalk
Monday, February 11, 2008

William Easterly of NYU talks about why some nations escape poverty while others do not, why aid almost always fails to create growth, and what can realistically be done to help the poorest people in the world...

In the News

Nasty dogs?

by Russ Robertsvia Cafe Hayek
Monday, February 11, 2008

Arnold at EconLog has a very nice post on the environmental impact of dogs...

In the News

The Realist

by Russ Robertsvia Cafe Hayek
Monday, February 11, 2008

The latest EconTalk is here—William Easterly talking about the ideas in his two books, The Elusive Quest for Growth and The White Man's Burden...

In the News

The People's Romance

by Russ Robertsvia Cafe Hayek
Tuesday, February 5, 2008

The latest EconTalk is a conversation with my colleague Dan Klein on the economics of coordination—how markets connect people around the world doing various parts of a task that get combined into a finished product without any of the people contributing the task necessarily knowing that they're working together...

In the News

The vanishing middle class

by Russ Robertsvia Cafe Hayek
Tuesday, February 5, 2008

Here is a very nice video from Reason.TV of Drew Carey talking about how the middle class actually is alive and well...

In the News

Dan Klein on Coordination and Cooperation

by Russ Robertsvia EconTalk
Monday, February 4, 2008

Dan Klein of George Mason University talks with EconTalk host Russ Roberts about the marvel of economic coordination that takes place without a coordinator--the sequence of complex tasks done by individuals often separated by immense distances who unknowingly contribute to everyday products and services we enjoy...

In the News

Feedback, knowledge and the division of labor

by Russ Robertsvia Cafe Hayek
Thursday, January 31, 2008

Arnold Kling over at EconLog tells the poignant story of worrying about his father's health care...

In the News

Snapping his fingers

by Russ Robertsvia Cafe Hayek
Thursday, January 31, 2008

I debated an economist the other day on the stimulus package..

In the News

Telling Stories

by Russ Robertsvia Cafe Hayek
Thursday, January 31, 2008

Which of these stories is right?

In the News

The Wonky Genius

by Russ Robertsvia Cafe Hayek
Thursday, January 31, 2008

Bill Clinton is considered a policy wonk, the guy who really understands the details of public policy...

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