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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.

The Iowa caucuses still have a great claim to retain first-in-nation status

Feb 07, 2020 05:58 am UTC| Insights & Views Politics

The most notable thing about this years Iowa (Democratic) caucuses was the debacle where results could not be reported on the night and indeed for a good while after. Some combination of new reporting requirements, a...

Climate Change Series

Climate-linked financial crises loom, but the fix isn't up to central banks

Jan 24, 2020 05:35 am UTC| Insights & Views Economy

The Bank for International Settlements the central bank for central banks made headlines this week with a report outlining how the next major financial crisis may come from unexpected climate risks. The book calls...

Vital Signs Series

The end of the checkout signals a dire future for those without the right skills

Jan 18, 2020 04:45 am UTC| Insights & Views Economy

There has already been a fair number of jobs lost to automation over recent decades from factory workers to bank tellers. In the coming decade we might see radically larger numbers of jobs lost to automation, thanks to...

Australia's nation-building opportunity held hostage by the deficit daleks

Dec 22, 2019 14:01 pm UTC| Insights & Views Economy

As anticipated, the Australian government downsized a number of its economic forecasts in the Mid-Year Economic and Fiscal Outlook (MYEFO) released this week. Also as anticipated, the federal government did everything...

Vital Signs: let's not weep for Westpac's board, but directors do need help

Dec 01, 2019 03:17 am UTC| Insights & Views Business

There are many reactions one can have to the shocking revelations of Westpacs failure to comply with Australias anti-money-laundering requirements. One reaction is its not that big a deal along the lines of now-ousted...

Vital Signs Series

Untaxing childcare is a bold idea that seems unfair, but might benefit us all

Nov 24, 2019 14:17 pm UTC| Insights & Views Economy

Australias system of childcare support is pretty good. It ensures high-quality care is provided to a large number of children, it is targeted through income-based subsidies, and it is attentive to the needs of...

Vital signs. Our compulsory super system is broken. We ought to axe it, or completely reform it

Oct 20, 2019 10:16 am UTC| Insights & Views

The just-announced inquiry into Australias retirement income system ought to be anything but run-of-the-mill. Taking place 25 years after the introduction of compulsory superannuation, it provides an opportunity to...

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Economy

The drop in GDP rankings came as South Korea posted a nominal economic growth rate of 1.4 percent in 2019

South Korea produced a nominal gross domestic product (GDP) valued at US$1.64 trillion in 2019 to rank 10th globally, down two spots from 2018. The data was based on the Organization for Economic Cooperations (OECD)...

Migrant workers make up over 90 percent of Singapore's COVID-19 cases.

Industry groups in Singapore warned that a reduction in foreign workers would have numerous implications on the economy. They were reacting to a call for a change of policies with migrant workers making up over 90...

The drop was attributed to the lockdown-generated decline in the number of outbound travelers.

Overseas card spending by South Koreans reached US$3.6 billion in the first quarter, plunging 23 percent from the $4.68 billion expenditures in the same period last year. It was the sharpest year-on-year drop in...

The country's car production plunged over 90 percent duirng the pandemic.

The French government is infusing over $8.8 billion to save the countrys car industry from huge losses brought about by the lockdowns. The countrys car production plunged over 90 percent duirng the pandemic. French...

The surge in net income was due to increased interest income

South Koreas 79 savings banks reported a combined net income of 246.3 billion in the first quarter, rising 19.4 percent year-on, according to the data from the Financial Supervisory Service (FSS). The surge in net...

Politics

Joe Biden accuses Donald Trump of turning America into a ‘battlefield driven by hold resentments’

Joe Biden criticized how President Donald Trump is handling the wave of protests sparked by the death of George Floyd. The former vice president believes that, instead of diffusing the situation, Trump has instead turned...

Donald Trump might deploy the military if states can’t deal with violent protesters

President Donald Trump threatened on Monday that he will use military force if states cant stop violent protests on their own. The Presidents threat came as demonstrations across the country to protest the death of George...

Donald Trump postpones in-person G7 Summit in Washington

Despite the continuous number of cases and deaths from the coronavirus pandemic in the United States, President Donald Trump is still keen on pushing for things to go back to normal. Trump announced that he has postponed...

Melania Trump faces backlash in latest Twitter update about the protests

The protests following the murder of African-American George Floyd at the hands of police officers has sparked chaos over the weekend. As First Lady Melania Trump attempted to give her thoughts on the chaos on social...

Donald Trump declares ANTIFA as a terrorist organization

In the midst of rising numbers from the coronavirus in the United States comes the unrest coming from violent protests that have occurred in a span of a few days. Following these protests, President Donald Trump has...

Science

'Graveyard of lost ships' from Roman Empire discovered by archaeologists

Throughout history, the Roman Empire was among the most famous empires to have been established. Archaeologists have recently been able to shed more light on its history upon discovering several shipwrecks in the eastern...

Archaeologists find 18th century English shipwreck off the coast of Mexico

In the 1980s, a fisherman named Manuel Polanco spotted a shipwreck off the coast of Mexico. Upon further analysis, archaeologists were able to provide some possible information on the ancient wreck. Express reports that...

Black hole: NASA spots a black hole ejecting hot material into deep space

Although black holes generally consume material in space and everything that comes close to it, there are instances when material is also ejected out of the black hole. Recently, NASA was able to capture one particular...

Scientists find the first pterodactyl fossils in the United Kingdom

Many dinosaur fossils have been discovered in other parts of the world. However, a discovery on the Isle of Wight reveals the first pterodactyl found in the United Kingdom. Express reports that a fossil hunter found an...

Technology

Why ‘The Sims 5’ is still unlikely getting announced at EA Play Live 2020

Fans have been anticipating many video game trade shows this year, including EA Play. Its format will be different given the COVID-19 crisis, but the event will still push through. However, any sort of announcement about...

‘PUBG Mobile’ will have an original map that features monster trucks and P90

Anyone who has been following updates about PUBG Mobile would know that Tencent was recently hinting at a major map reveal. More details were recently unveiled as the secret map debuted in beta. PUBG Mobile will have a...

Pixel 4a XL would have had two cameras, leaked phone case suggests

After months of the rumor mill churning plenty of details about the still unannounced Pixel 4a, smartphone fans seem to be in unison now in no longer hoping for a Pixel 4a XL. The bigger version of the mid-range device,...

iOS 14 could finally allow movable widgets on the home screenshot

Many loyal iPhone users would say the one reason they choose this device is because of the iOS operating system. However, they can also not deny that iOS has been restrictive when it comes to how users can customize their...
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