jivetalking

Russ Roberts brings economics to life


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Episode 31: Russell Roberts is the John and Jean De Nault Research Fellow at Stanford University’s Hoover Institution. Roberts hosts the weekly podcast EconTalk (http://www.econtalk.org), which features hour-long conversations with authors, economists, and business leaders. Past guests include Milton Friedman, Thomas Pikkety, Nassim Taleb, Christopher Hitchens, Marc Andreessen, and Michael Lewis. EconTalk was named podcast of the year in the 2008 Weblog Awards. Over 680 episodes are available at EconTalk.org and on iTunes at no charge.
His two rap videos on the ideas of John Maynard Keynes and F.A. Hayek (https://www.youtube.com/watch?v=GTQnarzmTOc), created with filmmaker John Papola, have had more than ten million views on YouTube, been subtitled in eleven languages, and are used in high school and college classrooms around the world.
His animated poem, It’s a Wonderful Loaf (https://wonderfulloaf.org), is an ode to the emergent order of our everyday lives.
His latest book is Gambling With Other People's Money: How Perverse Incentives Caused the Financial Crisis, a look at how the bailouts of the past encouraged the recklessness that led the events of 2008.
His book on Adam Smith--How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature takes the lessons from Adam Smith’s little know masterpiece, The Theory of Moral Sentiments and applies them to modern life.
Roberts is also the author of three economic novels teaching economic lessons and ideas through fiction. The Price of Everything: A Parable of Possibility and Prosperity (Princeton University Press, 2008) tells the story of wealth creation and the unseen forces around us creating and sustaining economic opportunity. The Invisible Heart: An Economic Romance (MIT Press, 2002) looks at corporate responsibility and a wide array of policy issues including anti-poverty programs, consumer protection, and the morality of the marketplace. His first book, The Choice: A Fable of Free Trade and Protectionism (Prentice Hall, 3rd edition, 2006) is on international trade policy and the human consequences of international trade. It was named one of the top ten books of 1994 by Business Week and one of the best books of 1994 by the Financial Times.
A three-time teacher of the year, 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 earned his PhD from the University of Chicago and his undergraduate degree in economics from the University of North Carolina at Chapel Hill.
You can find him on Twitter (https://twitter.com/EconTalker) and on Medium (https://medium.com/@russroberts)
The episode's motto: "Everything's complicated!"
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