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 Logic of Trade

by Russ Robertsvia Cafe Hayek
Tuesday, October 5, 2010

The logic of trade is why I reject the idea that buying local, writ large, creates prosperity...

In the News

Caplan on Immigration

by Russ Robertsvia EconTalk
Monday, October 4, 2010

We Are Not All Keynesians Now

by Russ Robertsvia Hoover Digest
Wednesday, September 29, 2010

To Hayek, economic freedom was the bulwark of political freedom.
His insights hold up.

In the News

Greenberg on Depression, Addiction, and the Brain

by Russ Robertsvia EconTalk
Monday, September 27, 2010
Interviews

Richard Epstein on Regulation

by Russ Roberts with Richard A. Epsteinvia EconTalk
Monday, September 20, 2010

Richard Epstein of New York University and Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the current state of the economy, particularly the regulatory climate...

Finally, some evidence from Krugman

by Russ Robertsvia Advancing a Free Society
Thursday, September 16, 2010

Paul Krugman (HT: Brad Delong, who cheers Krugman on) has been beating the drum for more government spending for a long time.

Analysis and Commentary

Finally, some evidence from Krugman

by Russ Robertsvia Cafe Hayek
Thursday, September 16, 2010

Paul Krugman has been beating the drum for more government spending for a long time. And now he finally has the evidence that proves his point...

Analysis and Commentary

What is to be done?

by Russ Robertsvia Cafe Hayek
Wednesday, September 15, 2010

Those of us who are unimpressed with the effectiveness of using debt-financed government spending as a cure for the current state we’re in are often asked, OK, so what should we do instead...?

Analysis and Commentary

The voice of reason vs. the voice of insanity

by Russ Robertsvia Cafe Hayek
Wednesday, September 15, 2010

Maybe Edward DeMarco should be polishing his resume...We’re in the middle of the worst economic downturn of our lifetime. Government guarantees contributed mightily to the problem. But we need to continue with the system so we can have milder recessions in the future...?

Analysis and Commentary

The romance of government vs. the reality

by Russ Robertsvia Cafe Hayek
Tuesday, September 14, 2010

Make government smaller and we get more of what we really can do together...

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