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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Analysis and Commentary

Adam Smith and BookTV

by Russ Robertsvia Cafe Hayek
Monday, February 15, 2010

I will be on C-Span’s BookTV tomorrow (Tuesday, the 16th) at 8 pm ET, talking about Adam Smith and The Wealth of Nations. . . .

In the News

Phelps on Unemployment and the State of Macroeconomics

by Russ Robertsvia EconTalk
Monday, February 15, 2010

Nobel Laureate Edmund Phelps of Columbia University talks with EconTalk host Russ Roberts about the market for labor, unemployment, and the evolution of macroeconomics over the past century. . . .

Analysis and Commentary

Did they expect to be bailed out

by Russ Robertsvia Cafe Hayek
Thursday, February 11, 2010

I don’t think bankers planned on being bailed out. . . .

Analysis and Commentary

Sacks on Trade

by Russ Robertsvia Cafe Hayek
Thursday, February 11, 2010

Rabbi Jonathan Sacks on trade from his book, The Dignity of Difference: In an age of resurgent tribalism, the global market offers—as trade has always done—an alternative script to difference as a source of conflict, and therefore tragedy. . . .

Analysis and Commentary

Revolution in Iran imminent (maybe)

by Russ Robertsvia Cafe Hayek
Wednesday, February 10, 2010

This may be the last straw: Iran’s telecommunications agency announced what it described as a permanent suspension of Google Inc.’s email services, saying instead that a national email service for Iranian citizens would soon be rolled out. . . .

Analysis and Commentary

The silver lining?

by Russ Robertsvia Cafe Hayek
Wednesday, February 10, 2010

I’d like readers to keep a lookout for articles that talk about the snow storms of the East coast having a silver lining–the increased demand for gutter repairs, roof repairs and snow cleanup that will stimulate the economy. . . .

Analysis and Commentary

Eating more while getting thinner

by Russ Robertsvia Cafe Hayek
Tuesday, February 9, 2010

The President is a man of principle. . . .

In the News

Roberts on Smith, Ricardo, and Trade

by Russ Robertsvia EconTalk
Monday, February 8, 2010

Russ Roberts, host of EconTalk, does a monologue this week on the economics of trade and specialization. . . .

Analysis and Commentary

Wisdom from Jay Cost

by Russ Robertsvia Cafe Hayek
Monday, February 8, 2010

Here. An excerpt: He has been narrow, not broad. . . .

Analysis and Commentary

Brad DeLong on job creation

by Russ Robertsvia Cafe Hayek
Wednesday, February 3, 2010

Brad DeLong mocks Steve Horwitz here for suggesting that the stimulus didn’t create jobs. . . .

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