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Conversations with Tyler

Russ Roberts on Life as an Economics Educator

Conversations with Tyler

Conversations with Tyler

Society & Culture, Education

4.82.4K Ratings

🗓️ 5 June 2019

⏱️ 61 minutes

🧾️ Download transcript

Summary

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

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Transcript

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0:00.0

Conversations with Tyler is produced by the Mercatus Center at George Mason University,

0:08.4

bridging the gap between academic ideas and real-world problems.

0:12.5

Learn more at mercatis.org.

0:15.2

And for more conversations, including videos, transcripts, and upcoming dates, visit

0:20.4

ConversationsWithTyler.com.

0:31.1

Today I'm very honored to be here with Russ Roberts.

0:34.0

Russ is an old friend of mine, a former colleague.

0:36.8

He is one of the world's leading economic educators, if not the leading.

0:41.2

He is currently a research fellow at Stanford University's Hoover Institution.

0:46.2

Russ runs a very famous podcast, E. Kantauk.

0:48.7

He is the godfather of economics podcasting.

0:51.9

He has produced some amazing rap videos written numerous significant books,

0:56.5

including several novels, outlining economic concepts, and has done much, much more.

1:01.7

Welcome Russ.

1:02.7

It's great to be here Tyler.

1:04.0

Can we just go home now?

1:05.2

I don't think that's the high point for me.

1:07.2

That introduction, I appreciate that.

1:09.1

Now you've argued in the past that the actual increase in living standards

1:12.9

over say the last 50 years, it might be greater than what we're measuring,

1:16.7

or at least greater than what many people claim is the case.

1:20.3

If that's true and growth is so strong, is there actually any case left for fiscal conservatism?

...

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