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

McArdle on Debt and Self-Restraint

by Russ Robertsvia EconTalk
Monday, December 7, 2009

Megan McArdle, who writes the blog Asymmetrical Information at The Atlantic, talks with EconTalk host Russ Roberts about debt and the challenge of self-restraint. . . .

Analysis and Commentary

A question for Andrew Lo

by Russ Robertsvia Cafe Hayek
Thursday, December 3, 2009

The taxpayers ended up paying the price, not the risk-takers. . . .

Analysis and Commentary

November job numbers coming

by Russ Robertsvia Cafe Hayek
Thursday, December 3, 2009

The consensus is that it’s still going to get worse before it gets better. . . .

Analysis and Commentary

Whatever you say

by Russ Robertsvia Cafe Hayek
Thursday, December 3, 2009

It must be tough being part of the Washington press corps. . . .

Analysis and Commentary

Crook on ClimateGate

by Russ Roberts with David R. Hendersonvia Cafe Hayek
Tuesday, December 1, 2009

An excerpt: The closed-mindedness of these supposed men of science, their willingness to go to any lengths to defend a preconceived message, is surprising even to me. . . .

Analysis and Commentary

If only wishing would make it so

by Russ Robertsvia Cafe Hayek
Tuesday, December 1, 2009

The AP reports. . . .

In the News

Boettke on Elinor Ostrom, Vincent Ostrom, and the Bloomington School

by Russ Robertsvia EconTalk
Monday, November 30, 2009

Peter Boettke of George Mason University and author of Challenging Institutional Analysis and Development: The Bloomington School (co-authored with Paul Dragos Aligica), talks with EconTalk host Russ Roberts about the Bloomington School--the political economy of Elinor Ostrom (2009 Nobel Laureate in Economics), Vincent Ostrom, and their students and colleagues at Indiana University. . . .

Analysis and Commentary

Heads they win, tails we lose

by Russ Robertsvia Cafe Hayek
Wednesday, November 25, 2009

I want to get rid of government rescues. . . .

Analysis and Commentary

Playing with our money

by Russ Robertsvia Cafe Hayek
Wednesday, November 25, 2009

If creditors know they’ll be bailed out, aggressive investors borrow from them, leveraging their returns and paying themselves a lot of money along the way, justified by the short-term profits. . . .

Analysis and Commentary

Financial reform

by Russ Robertsvia Cafe Hayek
Tuesday, November 24, 2009

If you tried but couldn’t get to my piece on financial reform at the Economists’ Voice, you can get it here. . . .

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