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

Too Big to Fail and the Dodd Bill

by Russ Robertsvia Cafe Hayek
Thursday, April 15, 2010

Mark Warner thinks Mitch McConnell is either a fool or a liar. Ezra Klein reports...

Analysis and Commentary

The free free lunch

by Russ Robertsvia Cafe Hayek
Tuesday, April 13, 2010

The Democratic Party put me on their mailing list and they sent me this clip today (among others). I think it’s supposed to make me feel good about expanding unemployment benefits.

Interviews

Ravitch on Education

by Russ Robertsvia EconTalk
Monday, April 12, 2010

Diane Ravitch of NYU talks with EconTalk host Russ Roberts about the ideas in her new book, The Death and Life of the Great American School System: How Testing and Choice Are Undermining Education.

Interviews

Benkler on Net Neutrality, Competition, and the Future of the Internet

by Russ Robertsvia EconTalk
Monday, April 5, 2010

Yochai Benkler of Harvard University talks to EconTalk host Russ Roberts about net neutrality, access to the internet, and innovation.

In the News

De Vany on Steroids, Baseball, and Evolutionary Fitness

by Russ Robertsvia EconTalk
Monday, March 29, 2010

Arthur De Vany, of the University of California, Irvine, and creator of Evolutionary Fitness, talks with EconTalk host Russ Roberts about performance-enhancing drugs in baseball and Evolutionary Fitness, De Vany's ideas about diet and fitness. . . .

Analysis and Commentary

Less now, more later

by Russ Robertsvia Cafe Hayek
Friday, March 26, 2010

All of the reaction to the crisis from Bush through Obama, presumes we can just squeeeze over here, push something over there, institute this program for homeowners, bail out these banks, turn this knob just so, and so on and so on to keep the system afloat without any pain. . . .

Analysis and Commentary

Freakonomics Podcast

by Russ Robertsvia Cafe Hayek
Wednesday, March 24, 2010

Freakonomics has started podcasting and interviewed me the other day about what I would do if I were in charge of the government. . . .

Analysis and Commentary

The essence of the health care legislation

by Russ Robertsvia Cafe Hayek
Wednesday, March 24, 2010

David Leonhardt argues that the health care changes will work to reverse the inequality of the age of Reagan. . . .

Analysis and Commentary

Youa Culpa

by Russ Robertsvia Cafe Hayek
Tuesday, March 23, 2010

Allan Greenspan explains why he had nothing to do with the collapse of the housing market and the financial sector. . . .

Analysis and Commentary

A few thoughts on the health care legislation

by Russ Robertsvia Cafe Hayek
Monday, March 22, 2010

I’m surprised it passed. . . .

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