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

Occupy Wall Street and Washington’s History of Financial Bailouts

by Russ Robertsvia Advancing a Free Society
Monday, October 24, 2011

Occupy Wall Street reminds me of a doctor who sees a patient with a broken arm, decides that both arms are broken, and proceeds to amputate them: The diagnosis is half right,

In the News

Ramey on Stimulus and Multipliers

by Russ Robertsvia EconTalk
Monday, October 24, 2011
Analysis and Commentary

Occupy Wall Street and Washington's History of Financial Bailouts

by Russ Robertsvia Foreign Affairs
Friday, October 21, 2011

Protesters in Lower Manhattan are missing the point. The so-called "one percent" actually does a lot of good. It's Washington's willingness to bailout banks that is the real problem...

In the News

Wapshott on Keynes and Hayek

by Russ Robertsvia EconTalk
Monday, October 17, 2011
"Fear the Boom and Bust" video clip

Rhymes with "Recession"

by Russ Roberts, Charles Lindseyvia Hoover Digest
Wednesday, October 12, 2011

Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.

Analysis and Commentary

Truth-seeking and ideology

by Russ Robertsvia Cafe Hayek
Wednesday, October 12, 2011

I don’t view my view as anti-scientific but rather a view that recognizes the limits of knowledge and the tools we use to measure the impact of government on the economy. It is not scientific to use science for tasks it cannot achieve...

In the News

Frank Rose on Storytelling and the Art of Immersion

by Russ Robertsvia EconLog
Monday, October 10, 2011
Analysis and Commentary

Poor Sales

by Russ Robertsvia Cafe Hayek
Sunday, October 9, 2011

Invictus over at The Big Picture wants Charlie Rose to ask this question of the GOP candidates...

In the News

Bruce Meyer on the Middle Class, Poverty, and Inequality

by Russ Robertsvia EconTalk
Monday, October 3, 2011

Elizabeth Warren and the Blessings of Government

by Russ Robertsvia Advancing a Free Society
Friday, September 30, 2011

Elizabeth Warren—Harvard Law School professor, former Obama consumer-protection czar, and now a candidate for Senate in Massachusetts—recently gave a revealing presentation of her views on justice and taxing the rich:

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