Russ Roberts facts for kids
Quick facts for kids
Russ Roberts
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| Born | September 19, 1954 |
| Institution | Shalem College |
| Alma mater | University of North Carolina at Chapel Hill (BA) University of Chicago (PhD) |
| Doctoral advisor |
Gary Becker |
| Influences | Friedrich Hayek Milton Friedman Adam Smith |
Russell David Roberts (born September 19, 1954) is an economist from both America and Israel. He is a researcher at Stanford University's Hoover Institution. He also leads Shalem College in Jerusalem as its president. Many people know him as the host of the popular EconTalk podcast, where he talks about economics with different guests.
Contents
Early Life and Education
Russ Roberts was born on September 19, 1954, in Memphis, Tennessee. He went to the University of North Carolina at Chapel Hill. In 1975, he earned a degree in economics there.
He then continued his studies at the University of Chicago. He earned his Ph.D. (a very advanced degree) in economics in 1981. His main teacher was Gary Becker, a famous economist.
Teaching and Media Work
Mr. Roberts has taught economics at many universities. These include George Mason University and Washington University in St. Louis. He also taught at the University of Rochester and Stanford University.
He often talks about business and economics on National Public Radio's Morning Edition. He has also written articles for major newspapers. These include The New York Times and The Wall Street Journal.
In November 2020, Roberts was chosen to be the president of Shalem College. He started this role in March 2021. The college chose him because of his strong belief in a good liberal arts education.
Books by Russ Roberts
Russ Roberts writes books that explain economic ideas in new ways. He often uses stories to make complex topics easier to understand.
The Invisible Heart
In 2001, he published a novel called The Invisible Heart: An Economic Romance. This book shares economic ideas through conversations. Two teachers at a high school discuss different views on how markets work. One teacher believes in free markets. The other wants more government rules to control businesses.
The Price of Everything
His 2008 novel is titled The Price of Everything: A Parable of Possibility and Prosperity. This story follows a university student and tennis player named Ramon Fernandez. Ramon's mother came to the U.S. from Cuba.
The book uses conversations to explore ideas like the price system. It also talks about how things can organize themselves without central planning.
How Adam Smith Can Change Your Life
In 2014, Roberts wrote How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness. This book looks at Adam Smith in a different way. Smith is famous for The Wealth of Nations.
However, Roberts's book focuses on Smith's earlier work. It explores The Theory of Moral Sentiments. This book is about human nature and how people make moral choices.
Economic Beliefs
Russ Roberts describes himself as a classical liberal. This means he believes in limited government. He also thinks people should take personal responsibility for their lives. He sees himself as a type of libertarian.
Roberts generally does not agree with Keynesian economics. This economic idea suggests that government spending can boost the economy. Roberts believes that "spending money unwisely is not the way to get wealthy." He thinks that claims by politicians about how many jobs a policy will create are often not reliable. He encourages people to be careful about what they believe from economic studies.
See also
In Spanish: Russ Roberts para niños
- Fear the Boom and Bust – a 2010 hip-hop music video with a mock debate between economists John Maynard Keynes and Friedrich Hayek
