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

Shocking

by Russ Robertsvia Cafe Hayek
Monday, March 8, 2010

Florida’s plan to save the everglades really saved United States Sugar. . . .

Analysis and Commentary

The jobs of yesteryear

by Russ Robertsvia Cafe Hayek
Friday, March 5, 2010

I get a lot of emails from people worrying about America losing jobs to China. . . .

Analysis and Commentary

Steyn nails it

by Russ Robertsvia Cafe Hayek
Thursday, March 4, 2010

Mark Steyn nails it (HT: Gary Schiff) in a piece on Greece and the path we’re on in the US. My favorite part: We hard-hearted, small-government guys are often damned as selfish types who care nothing for the general welfare. . . .

In the News

Ritholtz on Bailouts, the Fed, and the Crisis

by Russ Robertsvia EconTalk
Monday, March 1, 2010

Barry Ritholtz, author of Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy, talks with EconTalk host Russ Roberts about the history of bailouts in recent times, beginning with Lockheed and Chrysler in the 1970s and continuing through the current financial crisis. . . .

Analysis and Commentary

Is the Dismal Science Really a Science?

by Russ Robertsvia Wall Street Journal
Saturday, February 27, 2010

For an economist, these are the best of times and the worst of times. . . .

In the News

Garett Jones on Macro and Twitter

by Russ Robertsvia EconTalk
Monday, February 22, 2010

Garett Jones of George Mason University talks with EconTalk host Russ Roberts about the art of communicating economics via puzzles and short provocative insights. . . .

Analysis and Commentary

Ungovernable

by Russ Robertsvia Cafe Hayek
Sunday, February 21, 2010

There’s a debate going on in the punditsphere about whether America is ungovernable. . . .

Analysis and Commentary

What we say vs. do vs. believe

by Russ Robertsvia Cafe Hayek
Sunday, February 21, 2010

One of the advantages of studying economics (at least the way it was taught to me) was to pay attention to what people do rather than what they say. . . .

Analysis and Commentary

For a sixth grader

by Russ Robertsvia Cafe Hayek
Wednesday, February 17, 2010

Thomas Friedman writes in the New York Times: Of the festivals of nonsense that periodically overtake American politics, surely the silliest is the argument that because Washington is having a particularly snowy winter it proves that climate change is a hoax and, therefore, we need not bother with all this girly-man stuff like renewable energy, solar panels and carbon taxes. . . .

Analysis and Commentary

The Great Stimulus Hoax

by Russ Robertsvia Cafe Hayek
Wednesday, February 17, 2010

David Leonhardt writes in the New York Times: Just look at the outside evaluations of the stimulus. . . .

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