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.

Filter By:

Topic

Type

Recent Commentary

Analysis and Commentary

Coddled

by Russ Robertsvia Cafe Hayek
Thursday, April 7, 2011

We have a natural incentive to take care of ourselves. But if someone takes care of us, our impulse toward self-preservation lapses and gets rusty...

Analysis and Commentary

Bottom up vs. top down

by Russ Robertsvia Cafe Hayek
Tuesday, April 5, 2011

...[T]here are fads in math education and the rest of education that are bad ideas. Do we really want those fads to take over. Or do we want competition...?

In the News

Andresen on BitCoin and Virtual Currency

by Russ Robertsvia EconTalk
Monday, April 4, 2011
In the News

Coyle on the Economics of Enough

by Russ Robertsvia EconTalk
Monday, March 21, 2011
Analysis and Commentary

DeLong vs Cowen

by Russ Robertsvia Cafe Hayek
Thursday, March 17, 2011

A lower interest rate doesn’t mean that government production is less expensive. It means government borrowing is less expensive...

Analysis and Commentary

Some nuance on destruction

by Russ Robertsvia Cafe Hayek
Tuesday, March 15, 2011

Destruction is bad for the economy and yes, even bad most of the time, maybe all of the time, for measured GDP. The remarks by Larry Summers (and by Krugman in the aftermath of 9/11) imply otherwise...

Analysis and Commentary

What Summers really really meant

by Russ Robertsvia Cafe Hayek
Monday, March 14, 2011

I recently wrote about Larry Summers’s statement about the economic impact of the tragic events in Japan...The post generated 125 comments, a lively back and forth debating what Summers “really meant...” Let me try to help...

Analysis and Commentary

Bear vs. Lehman

by Russ Robertsvia Cafe Hayek
Wednesday, March 9, 2011

Was the decision not to rescue Lehman the precipitating cause of the crisis? Or was it the decision months before to rescue the creditors of Bear Stearns via the marriage to JP Morgan Chase...?

In the News

Dyson on Heresy, Climate Change, and Science

by Russ Robertsvia EconTalk
Monday, March 7, 2011

Pages