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Russell Roberts

Russell Roberts
Russell Roberts

Russell Roberts is a professor of economics at George Mason University and the J. Fish and Lillian F. Smith Distinguished Scholar at the Mercatus Center. He is the author of The Invisible Heart: An Economic Romance.

Russell Roberts's Articles and Posts

Why Not More Liberty? The Freeman
Why Not More Liberty?
The Price of Everything: A Parable of Possibility and Prosperity The Freeman
The Price of Everything: A Parable of Possibility and Prosperity
We Need Multimedia Economics Teaching The Freeman
We Need Multimedia Economics Teaching
The End Run to Freedom The Freeman
The End Run to Freedom
What does the future hold for economic life in the United States? Will we move toward greater freedom or less? What role will ideas and rhetoric play, if any, in making sure that the direction is one that lovers of freedom prefer?
It's Always Something The Freeman
It's Always Something
Our economy is in the middle of an extraordinary run of success.
Supply, Demand, Inventory The Freeman
Supply, Demand, Inventory
Supply-and-demand analysis is the bread and butter of classroom economics. All over America as the leaves change color and college commences, professors of economics are shifting supply and demand curves and showing how the price of a good changes in response.
Who Hates Wal-Mart and Why? The Freeman
Who Hates Wal-Mart and Why?
Half Full or Half Empty? The Freeman
Half Full or Half Empty?
Traitor or Trader? The Freeman
Traitor or Trader?
Daniel Sumner is in trouble. Sumner, an agricultural economist at UC Davis, has been accused of betraying his country. What has Sumner done? Given the charge, you might assume that he has aided terrorists or leaked nuclear secrets. Or perhaps shared some sophisticated technology with America's enemies.
Have a Canadian Orange The Freeman
Have a Canadian Orange
Suppose gasoline became so expensive that getting oranges to Wisconsin raised their price to $3 each. If that price were expected to persist for a long time, there would probably arise a Wisconsin citrus industry with all the trimmings. Orange orchards would be planted near the Illinois border where the weather is warmest.
Why Are Economists So Misunderstood? The Freeman
Why Are Economists So Misunderstood?
Medical Care and Market Forces The Freeman
Medical Care and Market Forces
Profits Versus Love The Freeman
Profits Versus Love
Disorder on the Court The Freeman
Disorder on the Court
The Invisible Heart: An Economic Romance, by Russell Roberts The Freeman
The Invisible Heart: An Economic Romance, by Russell Roberts
Widening Route 6 The Freeman
Widening Route 6
I really shouldn't tell you this, but Cape Cod is a very beautiful place. I shouldn't mention its beaches with their towering sand dunes. I shouldn't mention the golden eagle I saw soaring over the marsh near the cottage where we stayed on vacation. I shouldn't mention the charm of the Cape Cod baseball league, where college players try to show major league scouts they can hit with a wooden bat and where the fans get in for free and the dogs and toddlers are unleashed.
What Do Farmers Want from Me? The Freeman
What Do Farmers Want from Me?
Enron Lessons The Freeman
Enron Lessons
"We Can't Get Rich Doing Each Other's Laundry" The Freeman
"We Can't Get Rich Doing Each Other's Laundry"
America and the World's Resources The Freeman
America and the World's Resources
At the heart of almost all economics is the idea of mutually beneficial exchange. When two people voluntarily engage in an activity, economists assume that both parties are better off. Otherwise, one of them would have refused the deal. It doesn't mean people don't make mistakes—sure they do.
Does Trade Exploit the Poorest of the Poor? The Freeman
Does Trade Exploit the Poorest of the Poor?
Roughly 180 years ago David Ricardo discovered comparative advantage. He showed that trade benefits both trading partners even when one is less productive than the other across all activities. There are gains from trade and specialization even in that case.
I, Pepsi The Freeman
I, Pepsi
Relying on Relatives The Freeman
Relying on Relatives
Don't Fear Deficits The Freeman
Don't Fear Deficits
Will Campaign Finance Reform Enhance the Power of the People? The Freeman
Will Campaign Finance Reform Enhance the Power of the People?

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