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

Interviews

Kennedy on the Great Depression and the New Deal

by Russ Roberts with David M. Kennedyvia EconTalk
Monday, August 16, 2010

David Kennedy of Stanford University and the author of Freedom from Fear talks with EconTalk host Russ Roberts about the Great Depression and its political and economic relevance...

Interviews

Laughlin on the Future of Carbon and Climate

by Russ Robertsvia EconTalk
Monday, August 9, 2010

Robert Laughlin of Stanford University and the 1998 co-recipient of the Nobel Prize in Physics talks with EconTalk host Russ Roberts about energy use and the future of the earth's climate...

Analysis and Commentary

Something’s gotta give

by Russ Robertsvia Cafe Hayek
Thursday, August 5, 2010

Missouri voters have voted against the federal mandate in ObamaCare requiring everyone to buy health insurance. Not surprisingly, they like their current health care more than ObamaCare...

Something’s gotta give

by Russ Robertsvia Advancing a Free Society
Thursday, August 5, 2010

Missouri voters have voted against the federal mandate in ObamaCare requiring everyone to buy health insurance.

Analysis and Commentary

Worth a thousand words

by Russ Robertsvia Cafe Hayek
Wednesday, August 4, 2010

It’s more than a picture, actually. It’s a subtle and beautiful graph. On one axis is per-capita income. On the other is life expectancy. Each point on the graph is the life expectancy and per-capita GDP for a particular year in two different countries, Cuba and Portugal...

Worth a thousand words

by Russ Robertsvia Advancing a Free Society
Wednesday, August 4, 2010

It’s more than a picture, actually. It’s a subtle and beautiful graph. On one axis is per-capita income. On the other is life expectancy. Each point on the graph is the life expectancy and per-capita GDP for a particular year in two different countries, Cuba and Portugal.

Interviews

Brady on the State of the Electorate

by Russ Roberts with David Bradyvia EconTalk
Monday, August 2, 2010

David Brady of Stanford University talks with EconTalk host Russ Roberts about the state of the electorate and what current and past political science have to say about the upcoming midterm elections...

Analysis and Commentary

“Measuring” the impact of the stimulus

by Russ Roberts with John B. Taylorvia Cafe Hayek
Friday, July 30, 2010

[W]e don’t have a reliable model of the economy in its current state. The CBO concludes that we should instead look at previously estimated relationships in the economy (holding everything else constant) and that’s the best we can do...

Interviews

Robert Service on Trotsky

by Russ Roberts with Robert Servicevia EconTalk
Monday, July 26, 2010
Analysis and Commentary

Prufrockian Political Economy

by Russ Robertsvia Cafe Hayek
Thursday, July 22, 2010

When I talk about risk and safety, I always like to point out that it’s easy to make sure that no one ever dies in an airplane crash: ban air travel. The fact that we don’t suggests that we really don’t want perfectly safe air travel...

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