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

The Great Distortion

by Russ Robertsvia Cafe Hayek
Friday, March 4, 2011

Tyler argues in The Great Stagnation that the slow-down or stagnation in median income growth is due to a slow-down in technological change and innovation. Perhaps. But the numbers on median income are distorted by demographic change...

In the News

George Will on America, Politics, and Baseball

by Russ Robertsvia EconTalk
Monday, February 28, 2011
Analysis and Commentary

The alternative to unions

by Russ Robertsvia Cafe Hayek
Wednesday, February 23, 2011

The bottom line–you don’t need a union to protect you from your employer. You need alternatives...

Analysis and Commentary

The power of the rich

by Russ Robertsvia Cafe Hayek
Tuesday, February 22, 2011

...I do not believe we live in an oligarchy where the rich control the political process in the way they do in some other countries...

In the News

Acemoglu on Inequality and the Financial Crisis

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

Congressional Testimony on the Stimulus

by Russ Robertsvia Cafe Hayek
Wednesday, February 16, 2011

Text of my opening remarks before the Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending of the House Committee on Oversight and Government Reform...

Analysis and Commentary

Budget puzzle

by Russ Robertsvia Cafe Hayek
Monday, February 14, 2011

So what would be so hard about going back to the level of nominal spending in 2007 of $2.7 trillion? Why isn’t that proposal on the table...?

In the News

Cowen on the Great Stagnation

by Russ Robertsvia EconTalk
Monday, February 14, 2011
Analysis and Commentary

Psst

by Russ Robertsvia Cafe Hayek
Thursday, February 10, 2011

The latest EconTalk is Arnold Kling on what he calls PSST, Patterns of Sustainable Specialization and Trade. It’s a conversation about how to think about macroeconomics...

In the News

Kling on Patterns of Sustainable Specialization and Trade

by Russ Robertsvia EconTalk
Monday, February 7, 2011

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