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Richard Holden

Richard Holden

Professor of Economics and PLuS Alliance Fellow, UNSW

Richard Holden is Professor of Economics at the UNSW Australia Business School and an Australian Research Council Future Fellow from 2013-2017.

Prior to that he was on the faculty at the University of Chicago and the Massachusetts Institute of Technology. He received a PhD from Harvard University in 2006, where he was a Frank Knox Scholar.

His research focuses on contract theory, law and economics, and political economy. He has written on topics including: political districting, the boundary of the firm, incentives in organizations, mechanism design, and voting rules.

Professor Holden has published in top general interest journals such as the American Economic Review and the Quarterly Journal of Economics.

He is currently editor of the Journal of Law and Economics, and is the founding director of the Herbert Smith Freehills Inititative on Law & Economics at UNSW.

He has been a Visiting Professor of Economics at the MIT Department of Economics and Visiting Professor of Law at the University of Chicago Law School.

His research has been featured in press articles in such outlets as: The New York Times, The Financial Times, the New Republic, and the Daily Kos.

What the neoliberalism-hating left should love about markets

Mar 11, 2022 16:54 pm UTC| Economy

It is fashionable these days to dunk on markets. Show me something bad in the world and Ill show you someone blaming it on neoliberalism. Our collective failure to tackle climate change thats the fault of...

Australian unemployment steady at 4.2%, but it will need to go lower still to lift wages

Feb 18, 2022 04:52 am UTC| Economy

Thursday brought news that Australias official unemployment rate in January remained at a historically low 4.2%. In parliament, Prime Minister Scott Morrision boasted of the nation being on track to achieve a rate with a 3...

Vital Signs: Albanese to come clean on emissions targets, but a carbon price is still hush-hush

Dec 04, 2021 01:56 am UTC| Economy

The Australian Labor Party is set to announce its target for cutting greenhouse gas emissions today. At the 2016 and 2019 elections, Labor promised net zero emissions by 2050 and a cut of 45% on 2005 levels by 2030....

Vital Signs Series

Marketing is getting in the way of markets that could get us to net-zero

Nov 13, 2021 07:33 am UTC| Economy

This week the prime minister entered full marketing mode. Scott Morrisons topic was climate change and his plans to get to net-zero. At the Victorian Chamber of Commerce and Industry on Wednesday, he tried out a few...

Borrowing from King Solomon, economists are getting closer to working out how good leaders can make good decisions

Nov 06, 2021 07:59 am UTC| Insights & Views Economy

Heres a story from the Bible. As far as I know, its the first reported instance of the branch of economics known as implementation theory. Its from the First Book of Kings, Chapter 3, starting at Verse 16. Two women...

Vital Signs Series

Laugh at the US if you will, but Australia narrowly escaped a debt ceiling

Oct 09, 2021 08:11 am UTC| Economy

The United States government is scheduled to hit its debt ceiling of US$28.4 billion on or around October 18. The US debt ceiling isnt like the limit on a credit card, which is imposed by the lender worried about the...

Australia's 4.6% unemployment rate hints at what's possible, but it's not the real thing

Aug 22, 2021 01:17 am UTC| Economy

This week provided a first tiny glimpse into the labour-market fallout from Australias recent lockdowns. Australian Bureau of Statistics published the wage price index for the June quarter yesterday, showing sluggish...

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Economy

New Orleans Pelicans renews local TV rights agreement with Bally Sports

The New Orleans Pelicans have renewed their local broadcast rights partnership with Bally Sports New Orleans, the local network managed by Sinclairs Diamond Sports Group (DSG). Under the new agreement, Bally Sports New...

S. Korea to crack down on speculative property investments by foreigners

South Koreas land ministry, justice ministry, and other agencies vowed to investigate foreigners speculative real estate investments. To better combat speculative investments, the authorities also intend to create zones...

Sales of gear for ball-based sports up 700% in S. Korea as social distancing ends

Various types of sports gear are gaining popularity in South Korea with the government dropping all social distancing measures. Online retailer Auction reported that between April 18 and June 20, sales of sports...

Patents for heat management system for eco-friendly cars up 11%

The Korea Intellectual Property Office reported that the submission of patents related to an integrated heat management system for eco-friendly cars mainly from China, the US, Japan, South Korea, and Europe jumped by an...

Osaka court sides with 7-Eleven in franchise contract termination case

The Osaka District Court dismissed a lawsuit claiming 7-Eleven Japan Co unjustly terminated its contract with a convenience store franchisee over his decision to stop late-night operations. The court also ordered...

Politics

US Interior Secretary Deb Haaland calls on Senate to investigate deaths of 500 indigenous children in schools

US Interior Secretary Deb Haaland made history as the first Native American to become a member of a presidential Cabinet. Haaland recently called on the Senate to pass the legislation that would probe the deaths of 500...

US VP Kamala Harris meets with Democratic Attorneys General in anticipation of Supreme Court abortion ruling

Months after a leaked majority draft opinion by the Supreme Court overturning the landmark Roe v. Wade ruling, the US is bracing for the formal striking down of the abortion rights law. Vice President Kamala Harris met...

Russia-Ukraine conflict: Kyiv begins trial of Russian soldier accused of rape

Legal proceedings are taking place in Ukraine as Kyiv begins prosecutions of Russian forces charged with crimes. Kyiv has begun its preliminary proceedings in the first trial of a Russian soldier charged with...

Myanmar coup: UN expert says ASEAN should rethink approach to crisis

Myanmar is facing unrest due to the coup staged by the generals to seize power and oust the elected government. The UN special rapporteur on human rights said the ASEAN regional grouping of countries must rethink their...

Science

Sea lettuce used as cow feed may lower marine ecosystem threat

A joint study conducted by a local feed manufacturer and Konkuk University showed that cows fed with a newly developed feed containing sea lettuce emitted 28 percent less methane gas than those who werent. Cows fed sea...

S. Korean scientists develop robot skin that senses tactile stimuli, self heals

A research team from the Korea Advanced Institute of Science and Technology (KAIST) has developed a robot skin that can sense external tactile stimuli and recover from injury when damaged. The newly developed robot skin...

Absolut enlists startup's help in developing fiber-based bottle cap

The Absolut Company is enlisting the help of Swedish start-up Blue Ocean Closures in developing a fiber-based closure cap for its Absolut Vodka bottle. The caps design uses a combination of sustainably sourced FSC fiber...

S. Korea to produce biodegradable plastic with seaweed

South Koreas Ministry of Oceans and Fisheries and a research team at Pohang University of Science and Technology will begin developing technology that uses marine plants to produce biodegradable plastic material. Among...

Researchers 'mask' cancer drug to spare healthy tissues while killing tumors

The University of Chicagos Pritzker School of Molecular Engineering has designed a method to keep a promising cancer drug from wreaking havoc until it reaches a tumor. As many cancer drugs often attack both healthy...

Technology

eBay acquires NFT marketplace startup KnownOrigin

eBay bought UK-based NFT marketplace KnownOrigin, which raised $3.5 million in February, for an undisclosed sum. KnownOrigin has amassed an impressive, ardent, and devoted group of artists and collectors, which are a...

‘Final Fantasy 16’ producer hopes to release a gameplay demo

Video game fans finally got confirmation that the much-awaited Final Fantasy 16 will be released next year. While a new trailer was unveiled a few weeks ago, much of the gameplay and narrative remain under wraps. But...

Apple’s Tim Cook says 'stay tuned' on what they will offer when asked about AR/VR tech

Apples first AR/VR headset has been in the rumor mill for a long time now, but reports have peaked in previous months as the tech giant is rumored to unveil the product in the near future. While Apple has remained silent...

iPhone 14 Pro Max battery may be downgraded, leak claims

A new iPhone 14 leak has claimed that Apple is planning to increase the battery capacity of its upcoming phones. However, the iPhone 14 Pro Max is not expected to get the same treatment. The high-end model is instead...

Blizzard confirms ‘World of Warcraft: Dragonflight’ will launch in 2022

World of Warcraft can now pre-purchase the games upcoming expansion called Dragonflight. Blizzard Entertainment also confirmed this week that the update would be released later this year. World of Warcraft: Dragonflight...
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