Russell Roberts

Russell Roberts

  • J. Fish and Lillian F. Smith Professor of Economics Chair, Mercatus Center
  • Professor of Economics, George Mason University

Russell Roberts is Professor of Economics at George Mason University, the J. Fish and Lillian F. Smith Distinguished Scholar at the Mercatus Center, and a research fellow at Stanford University's Hoover Institution.

Roberts is the host of the weekly podcast series, EconTalk and blogs at Cafe Hayek.

His latest book is The Price of Everything: A Parable of Possibility and Prosperity (Princeton University Press, 2008). Told in the form of a novel, it's the story of how prosperity is created and sustained, and the unseen order and harmony that shape our daily lives.

He is also the author of The Invisible Heart: An Economic Romance (MIT Press, 2001) a novel which discusses an array of public policy issues including corporate responsibility, consumer safety, and welfare. His first novel, The Choice: A Fable of Free Trade and Protectionism (Prentice Hall, 3rd ed., 2006) was named one of the top ten books of the year by Business Week and one of the best books of the year by the Financial Times when it was first published in 1994.

Roberts is a frequent commentator on National Public Radio's "Morning Edition" and "All Things Considered." In addition to numerous academic publications, he has written for The New York Times and the Wall Street Journal. He is a founding advisory board member of the Library of Economics and Liberty.

Before coming to George Mason University, Roberts was at Washington University in St. Louis where he was the founding director of the Center for Experiential Learning at the John M. Olin School of Business and a Senior Fellow at the Weidenbaum Center on the Economy, Government, and Public Policy. Roberts has also taught at the University of Rochester, Stanford University, and UCLA.

TESTIMONY & COMMENTS

Congressional Testimony
The Job Market and the Great Recession image

The Job Market and the Great Recession

The Challenge of Creating Jobs in the Aftermath of ‘The Great Recession’
Russell Roberts | Dec 10, 2009
In his testimony before the Joint Economic Committee of the United States Congress, Lillian F. Smith Distinguished Scholar Dr. Russell Roberts explains what Congress can do to create jobs during the recovery period. Dr. Roberts also points out the many things Congress must stop doing in order to let the economy heal.

Congressional Testimony
The Vices and Virtues of Limiting Executive Compensation image

The Vices and Virtues of Limiting Executive Compensation

Russell Roberts | Oct 28, 2009
In this testimony, Professor Russell Roberts explains that the problem with executive compensation is that executives have not been subject to the profit and loss cosequences of the free-market system. Profits encourage risk-taking, and the losses encourage prudence. If the government would resist bailouts and allow these incentives to be…

MEDIA CLIPPINGS

Boston.com

Economics 101: How little they know

Russell Roberts | Dec 16, 2009
Russell Roberts is quoted in The Boston Globe about the lack of certainty and consensus among economists regarding such decisions as how to deal with an economic recession.

PBS NewsHour

Russ Roberts on PBS NewsHour

Russell Roberts | Dec 16, 2009
Russ Roberts discusses John Maynard Keynes on the PBS NewsHour.

The Joint Economic Committee

The Challenge of Creating Jobs in the Aftermath of the ‘Great Recession’

Russell Roberts | Dec 10, 2009
Russell Roberts testifies in a Congressional hearing before the Joint Economic Committee to examine proposals to boost job creation in the private sector.