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

The Story Of My Life

by Russ Robertsvia Medium
Friday, July 13, 2018

For most of my life, I had a particular self-image of myself, a self-image I was actually unaware of. A self-image is the way you see yourself so how can you be unaware of what you see? But of course you can be unaware of what you are seeing. How you see yourself is often only possible well after the fact.

Featured

The Outrage Epidemic

by Russ Robertsvia Medium
Monday, July 9, 2018

The political atmosphere in America seem to have deteriorated a lot in the last few years. A lot of yelling. A lot of arrogance and overconfidence. A lot of trusting of stories that confirm what we already believe as opposed to stories that challenge what we only think we know. And a lot of trusting of stories that are literally not true.

Analysis and Commentary

Patrick Deneen On Why Liberalism Failed

by Russ Robertsvia EconTalk
Monday, July 9, 2018

Political Scientist and author Patrick Deneen of the University of Notre Dame talks about his book Why Liberalism Failed with EconTalk host Russ Roberts. By liberalism, Deneen means the modern enterprise--the push for self-actualization free of the constraints of tradition, family, and religion that typifies modern culture. He argues that both the left and the right have empowered the state and reduced liberty. He argues for a smaller, more local, more artisanal economy and a return to the virtues of self-control and self-mastery.

Analysis and Commentary

Arnold Kling On Morality, Culture, And Tribalism

by Russ Robertsvia EconTalk
Monday, July 2, 2018

Economist and author Arnold Kling talks about the economic impact of culture and morality with EconTalk host Russ Roberts. Drawing on a recent essay on the importance of social interactions, Kling explores the role of culture and norms and their broad impact on economic life.

Analysis and Commentary

Michael Pollan On Psychedelic Drugs And How To Change Your Mind

by Russ Robertsvia EconTalk
Monday, June 25, 2018

Journalist and author Michael Pollan talks about his book, How to Change Your Mind, with EconTalk host Russ Roberts. Pollan chronicles the history of the use of psychedelic drugs, particularly LSD and psilocybin, to treat addiction, depression and anxiety. He discusses his own experiences with the drugs as well. Much of the conversation focuses on what we might learn from psychedelic drugs about their apparent spiritual dimension, the nature of consciousness, and the nature of the mind.

Analysis and Commentary

Richard Reinsch On The Enlightenment, Tradition, And Populism

by Russ Robertsvia EconTalk
Monday, June 18, 2018

Richard Reinsch, editor of Law and Liberty and the host of the podcast Liberty Law Talk, talks with EconTalk host Russ Roberts about the Enlightenment. Topics discussed include the search for meaning, the stability of liberalism, the rise of populism, and Solzhenitsyn's indictment of Western values from his Harvard Commencement Address of 1978.

Analysis and Commentary

Moises Velasquez-Manoff On Cows, Carbon Farming, And Climate Change

by Russ Robertsvia EconTalk
Saturday, June 9, 2018

Journalist and author Moises Velasquez-Manoff talks about the role of dirt in fighting climate change with EconTalk host Russ Roberts. Velasquez-Manoff explains how changes in farming can allow dirt and plants to absorb carbon and potentially reduce climate change. At the end of the conversation he discusses the state of the science on hygiene, parasites, and auto-immune disorders that he discussed in his previous appearance on EconTalk in 2014.

Analysis and Commentary

Janet Golden On Babies Made Us Modern

by Russ Robertsvia EconTalk
Monday, June 4, 2018

Historian and author Janet Golden talks about her book, Babies Made Us Modern, with EconTalk host Russ Roberts. Golden chronicles the transformation of parenting in first half of the 20th century. It's a fascinating story of how our knowledge of infant health and behavior grew dramatically but remains imperfect.

Analysis and Commentary

Iain Mcgilchrist On The Divided Brain And The Master And His Emissary

by Russ Robertsvia EconTalk
Monday, May 28, 2018

Psychiatrist and author Iain McGilchrist talks about his book, The Master and His Emissary, with EconTalk host Russ Roberts. McGilchrist argues we have misunderstand the purpose and effect of the divided brain. The left side is focused, concrete, and confident while the right side is about integration of ourselves with the complexity of the world around us. McGilchrist uses this distinction to analyze the history of western civilization. 

Housing
Analysis and Commentary

Glen Weyl On Radical Markets

by Russ Robertsvia EconTalk
Monday, May 21, 2018

Economist Glen Weyl of Microsoft Research New England and Visiting Senior Research Scholar at Yale University talks with EconTalk host Russ Roberts about his book (co-authored with Eric Posner) Radical Markets. Weyl urges a radical transformation of land and housing markets using a new federal real estate tax based on self-assessment. Owners would be required to sell their houses at the self-assessed price. 

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