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

Spence on Growth

by Russ Roberts with Michael Spencevia EconTalk
Monday, January 25, 2010

Nobel Laureate Michael Spence of Stanford University's Hoover Institution and the Commission on Growth and Development talks with EconTalk host Russ Roberts about the determinants of economic growth. . . .

Analysis and Commentary

Don’t know where to start

by Russ Robertsvia Cafe Hayek
Thursday, January 21, 2010

In America we have what’s called a republic. . . .

Analysis and Commentary

Fixing it later

by Russ Robertsvia Cafe Hayek
Thursday, January 21, 2010

Gail Collins and David Brooks discuss what Congress ought to do about health care. Gail Collins says: I only have one thought, which is that the Democrats should pass the health care bill now. . . .

Analysis and Commentary

What we have here is a failure to communicate

by Russ Robertsvia Cafe Hayek
Thursday, January 21, 2010

It has nothing to do with the bloated budget, the payoffs to political friends like the unions in bailing out Detroit and exempting them from health care taxes, the rising debt, the coddling of Wall Street, the stimulus package that didn’t stimulate, the grandiosity of redesigning the health care system and the energy sector. . . .

Analysis and Commentary

You can’t take it with you

by Russ Robertsvia Cafe Hayek
Thursday, January 21, 2010

In synagogues around the world this week, Jews read from the Torah about the exodus from Egypt. . . .

Analysis and Commentary

Mindset

by Russ Robertsvia Cafe Hayek
Wednesday, January 20, 2010

“Massachusetts has health care and so the rest of the country would like to have that too,” Pelosi said, referring to the state’s health care program. . . .

Analysis and Commentary

Political incentives

by Russ Robertsvia Cafe Hayek
Wednesday, January 20, 2010

The press is saying that Obama’s agenda is in jeopardy because he has lost a filibuster-proof advantage in the Senate. . . .

Analysis and Commentary

Maybe the dogs don’t like it

by Russ Robertsvia Cafe Hayek
Tuesday, January 19, 2010

If Brown wins today in Massachusetts, we’re going to hear all kinds of explanations. . . .

In the News

Munger on Many Things

by Russ Robertsvia EconTalk
Monday, January 18, 2010

Mike Munger of Duke University talks with EconTalk host Russ Roberts about many things. . . .

Analysis and Commentary

Bubble, bubble, toil and trouble

by Russ Robertsvia Cafe Hayek
Sunday, January 17, 2010

Wisdom from Scott Sumner on bubbles, Fama and the efficient market hypothesis. . . .

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