Conversations with Tyler Russ Roberts on Life as an Economics Educator
In this engaging discussion, Russ Roberts, a research fellow at Stanford's Hoover Institution and host of EconTalk, delves into the virtues of forgiveness and the potential manipulation of data. He explores the complexities of prayer, the motivations behind behaviors, and the effects of a volunteer army on wartime incentives. The conversation also touches on the shortcomings of classical liberalism, the relevance of behavioral economics, and how religious texts can inform economic principles. Expect insights sprinkled with humor and personal anecdotes!
01:01:23
Regulation Stance
- Russ Roberts is generally against more regulation.
- He sees overregulation, not deregulation, as causing the financial crisis.
EconTalk's Impact
- EconTalk conversations significantly changed Russ Roberts's views over time.
- He became less enamored with economic theory and statistical modeling.
Critique of Economics
- Economics has overextended its reach by conflating consumption with well-being.
- Non-monetary aspects like community and dignity are crucial.
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Intro
00:00 • 4min
The Economic Implications of Government Spending Choices
03:38 • 2min
Exploring Economic Incentives in Addressing Suicide Rates
05:51 • 3min
Navigating Stigma and Economic Perspectives
08:57 • 19min
Faith, Economics, and Modern Challenges
28:25 • 15min
Ethics, Identity, and Military Culture
43:02 • 10min
Interviewing the Greats of Economics
52:56 • 8min
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Cole Porter
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Robert Burton
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Bill James
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Adam Smith
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Anarchy, State, and Utopia
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What are the virtues of forgiveness? Are we subject to being manipulated by data? Why do people struggle with prayer? What really motivates us? How has the volunteer army system changed the incentives for war? These are just some of the questions that keep Russ Roberts going as he constantly analyzes the world and revisits his own biases through thirteen years of conversations on EconTalk.
Russ made his way to the Mercatus studio to talk with Tyler about these ideas and more. The pair examines where classical liberalism has gone wrong, if dropping out of college is overrated, and what people are missing from the Bible. Tyler questions Russ on Hayek, behavioral economics, and his favorite EconTalk conversation. Ever the host, Russ also throws in a couple questions to Tyler.
Read a full transcript enhanced with helpful links.
Recorded May 7th, 2019 Other ways to connect
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