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

In the News

Winston on Market Failure and Government Failure

by Russ Robertsvia EconTalk
Monday, December 28, 2009

Clifford Winston of the Brookings Institution talks about the ideas in his book, Market Failure vs. Government Failure, with EconTalk host Russ Roberts. . . .

In the News

Hamilton on Debt, Default, and Oil

by Russ Robertsvia EconTalk
Monday, December 21, 2009

James Hamilton of the University of California, San Diego, and blogger at EconBrowser talks with EconTalk host Russ Roberts about the rising levels of the national debt and the growing Federal budget deficit. . . .

Analysis and Commentary

Macro addicts rejoice

by Russ Robertsvia Cafe Hayek
Thursday, December 17, 2009

The raw footage of my conversation with Robert Skidelsky is now up at the NewsHour. . . .

Analysis and Commentary

More on the NewsHour

by Russ Robertsvia Cafe Hayek
Thursday, December 17, 2009

A number of folks have asked me (Sam Grove in the comments to this post, for example) for my impression of how the piece on the NewsHour came out relative to the actual interview, its fairness, etc. . . .

Analysis and Commentary

Support the rap video and more

by Russ Robertsvia Cafe Hayek
Thursday, December 17, 2009

We’re building a website that will be the home for the Keynes/Hayek rap video along with interviews with leading macroeconomists and other good stuff. . . .

Analysis and Commentary

Inflation

by Russ Robertsvia Cafe Hayek
Wednesday, December 16, 2009

It is weird to me that some people are still worrying about deflation. . . .

In the News

Kling on Prosperity, Poverty, and Economics 2.0

by Russ Robertsvia EconTalk
Monday, December 14, 2009

Arnold Kling of EconLog and the author (with Nick Schulz) of From Poverty to Prosperity: Intangible Assets, Hidden Liabilities and the Lasting Triumph over Scarcity talks about the book with EconTalk host Russ Roberts. . . .

Analysis and Commentary

The Muscular Hayek

by Russ Robertsvia Cafe Hayek
Monday, December 14, 2009

Bryan Caplan dismisses Hayek’s contributions as flabby: I’ve long since lost all patience with Hayek. . . .

Analysis and Commentary

Testifying before the JEC

by Russ Robertsvia Cafe Hayek
Wednesday, December 9, 2009

I’ll be testifying before the Joint Economic Committee tomorrow (Thursday) at 10 am eastern time. . . .

Analysis and Commentary

What Makes a Wall Street Star?

by Russ Robertsvia New York Times
Wednesday, December 9, 2009

Five senior executives at A.I.G. threatened to quit last week if Kenneth Feinberg, the Obama administration’s pay czar, cuts their pay significantly. . . .

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