It's A Wonderful Loaf

An animated ode to emergent order and the hidden harmony around us.

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About the show

It's a Wonderful Loaf is an ode to the hidden harmony that is all around us--the seeming magical ways that we anticipate and meet the needs of each other without anyone being in charge.To enter the world of It's A Wonderful Loaf, visit www.wonderfulloaf.org where you can delve into the economics behind the magic and understand more about emergent order.

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Russ Roberts

Visiting Fellow

Russ Roberts is a visiting fellow at the Hoover Institution. In 2006, he founded the award-winning weekly podcast EconTalk, which has featured guests including Milton Friedman, Martha Nussbaum, Christopher Hitchens, Agnes Callard, Bill James, Nassim Nicholas Taleb, Amor Towles, and Emily Oster. All 875+ episodes remain available free of charge at EconTalk.org and reach an audience of more than 125,000 listeners in 200 countries. His two rap videos on the ideas of John Maynard Keynes and Friedrich Hayek, created with filmmaker John Papola, have had more than 13 million YouTube views, have been subtitled in 11 languages, and are used in high school and college classrooms around the world. His poem and animated video “It’s a Wonderful Loaf” (https://wonderfulloaf.org) is an ode to emergent order. His series on the challenge of using data to establish truth, The Numbers Game, can be found at PolicyEd.org. His latest book is Wild Problems: A Guide to the Decisions That Define Us (Portfolio, 2022), a look at big life decisions that we make with little help from quantitative data. Other books include Gambling with Other People's Money: How Perverse Incentives Caused the Financial Crisis (Hoover Institution Press, 2019) and How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness (Portfolio, 2014). The latter takes lessons from Adam Smith’s little-known masterpiece The Theory of Moral Sentiments and applies them to modern life. In 2021, Roberts became the president of Shalem College in Jerusalem, Israel, a liberal arts college dedicated to great ideas and books with the goal of creating the next generation of Israeli leadership.

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