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

Analysis and Commentary

Eichengreen on the dollar

by Russ Robertsvia Cafe Hayek
Tuesday, June 7, 2011

This week’s EconTalk is Barry Eichengreen talking about the dollar...For me, the most interesting part of the conversation was a discussion of China’s alleged currency manipulation to keep their exports high...

In the News

Eichengreen on the Dollar and International Finance

by Russ Robertsvia EconTalk
Monday, June 6, 2011
In the News

Easterly on Benevolent Autocrats and Growth

by Russ Robertsvia EconTalk
Monday, May 30, 2011
In the News

Harford on Adapt and the Virtues of Failure

by Russ Robertsvia EconTalk
Monday, May 23, 2011
Analysis and Commentary

Capitalists never liked capitalism

by Russ Robertsvia Cafe Hayek
Friday, May 20, 2011

Capitalists tend not to like capitalism...

Analysis and Commentary

Israel, Part 2

by Russ Robertsvia Cafe Hayek
Thursday, May 19, 2011

My recent post on Israel generated over 225 comments...

In the News

Byers on the Blind Spot, Science, and Uncertainty

by Russ Robertsvia EconTalk
Monday, May 16, 2011
In the News

Caplan on Parenting

by Russ Robertsvia EconTalk
Monday, May 9, 2011
Analysis and Commentary

Easterly on Fukuyama

by Russ Robertsvia Cafe Hayek
Monday, May 9, 2011

I think it’s Hayekian to be skeptical of systems where feedback loops don’t work very well. “More from the bottom up or more top down?” More bottom up, please...

Analysis and Commentary

Rising inequality

by Russ Robertsvia Cafe Hayek
Wednesday, May 4, 2011

Planet Money reports on a new OECD study that finds that income inequality is rising worldwide within most countries...

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