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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Analysis and Commentary

Ode to the Patriots

by Russ Robertsvia Wall Street Journal
Wednesday, January 30, 2008

You're rooting for the Patriots to lose...

In the News

The case for Clemens

by Russ Robertsvia Cafe Hayek
Tuesday, January 29, 2008

Here's a statistical analysis of the career of Roger Clemens, purporting to show that his career trajectory is similar to that of Randy Johnson, Curt Shilling and Nolan Ryan, three people who presumably did not take steroids...

In the News

Collier on the Bottom Billion

by Russ Robertsvia EconTalk
Monday, January 28, 2008

Paul Collier of Oxford University talks about the ideas in his recent book, The Bottom Billion, an analysis of why the poorest countries in the world fail to grow...

In the News

The Bottom Billion

by Russ Robertsvia Cafe Hayek
Monday, January 28, 2008

The latest EconTalk is a conversation with Paul Collier about the ideas in his book, The Bottom Billion...

In the News

Unintended Consequences

by Russ Robertsvia Cafe Hayek
Friday, January 25, 2008

Alex at Marginal Revolution has some interesting things to say on unintended consequences...

In the News

Stimulie, II

by Russ Robertsvia Cafe Hayek
Thursday, January 24, 2008

Here is federal tax revenue collected from the income tax on individuals from 2000-2006, reported by the CBO (Tab #3), measured in billions of dollars...

In the News

The point about minimum wages

by Russ Robertsvia Cafe Hayek
Thursday, January 24, 2008

Some people seem to have misunderstood the point about this post on minimum wages...

In the News

Stimulie, I

by Russ Robertsvia Cafe Hayek
Tuesday, January 22, 2008

After my commentary on NPR, I spent a lot of time last week talking to bright non-economists about the various proposals to stimulate the economy by giving people money...

In the News

Don Boudreaux on Globalization and Trade Deficits

by Russ Robertsvia EconTalk
Monday, January 21, 2008

Don Boudreaux, of George Mason University, talks about the ideas in his book, Globalization...

In the News

Winners and losers from trade

by Russ Robertsvia Cafe Hayek
Monday, January 21, 2008

This week's podcast is with Don Boudreaux, my co-host here at the Cafe and the author of Globalization, a superb primer on trade policy and the phenomenon of globalization...

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