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

Tax cuts for the rich

by Russ Robertsvia Cafe Hayek
Wednesday, December 8, 2010

A few observations on extending the Bush tax cuts...

In the News

Selgin on the Fed

by Russ Robertsvia EconTalk
Monday, December 6, 2010
In the News

Kelly on Technology and What Technology Wants

by Russ Robertsvia EconTalk
Monday, November 29, 2010
In the News

Phillipson on Adam Smith

by Russ Robertsvia EconTalk
Monday, November 22, 2010
Analysis and Commentary

Wrong goal

by Russ Robertsvia Cafe Hayek
Friday, November 19, 2010

I was listening to Tony Kornheiser’s AM radio show this morning and referring to people who are upset about being groped patted down he said something like they were missing the goal of the whole thing which was to keep the plane from being blown up. But we know that’s not the goal...

Analysis and Commentary

Uncommon cents

by Russ Robertsvia Cafe Hayek
Wednesday, November 17, 2010

At dinner the other night, one of my children asked me why we have coins...

In the News

Robert Frank on Inequality

by Russ Robertsvia EconTalk
Monday, November 15, 2010
Analysis and Commentary

Limiting What Central Banks Do

by Russ Robertsvia Room for Debate (New York Times)
Wednesday, November 10, 2010

A recent column by Robert Zoellick suggested that he might favor a return to the gold standard...Zoellick’s remarks raise the important question of how central banks should be constrained...

Analysis and Commentary

The evil Apple empire

by Russ Robertsvia Cafe Hayek
Thursday, November 4, 2010

Maybe, we’d be better off as consumers with a more open property rights regime and allow other mechanisms than the state to emerge as a way to encourage incentives for creativity and innovation. But the desire of many to end intellectual property is not open and shut...

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