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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.

Swaps, options and other derivatives aren't just for the financial elite

Apr 04, 2021 09:36 am UTC| Economy Investing

One of the biggest trends in economics over the past 40 years has been so-called financialisation whereby an increasing proportion of GDP in advanced economies comes from the financial sector. This has involved the...

What if Biden's $1.9 trillion stimulus plan is too big?

Feb 12, 2021 07:55 am UTC| Politics Economy

Its not often centre-left economists disagree with each other let alone get into a stoush. But its what happened over the last week. On February 5 former US Treasury Secretary and National Economic Council Chair Larry...

Biden's economic centrism isn't exciting, but right for these divisive times

Jan 22, 2021 07:33 am UTC| Economy

In an age of hyperpartisan politics, the Biden presidency offers a welcome centrism that might help bridge the divides. But it is also Bidens economic centrism that offers a chance to cut through what has become an...

Sure, the US election is gerrymandered, but so are others, and its hard to stop

Nov 08, 2020 11:07 am UTC| Insights & Views

At the time of writing we dont yet know who will win the US presidential election. But we do know this for sure: Donald Trump will be able to win with less than half the votes cast. Put another way, Joe Biden will be...

We'll never cut unemployment to 0%, but less than 4% should be our goal

Oct 30, 2020 07:51 am UTC| Economy

One of the most concerning things that happens in any recession is the spike in unemployment. The COVID-19-induced recession in Australia and around the world is no exception other than perhaps the magnitudes...

50 years ago Milton Friedman told us greed was good. He was half right

Sep 20, 2020 05:57 am UTC| Economy

The point is, ladies and gentleman, that greed for lack of a better word is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its...

This university funding crisis was always coming – COVID-19 just accelerated it

Aug 14, 2020 15:18 pm UTC| Insights & Views

In the early 1930s a 21-year-old undergraduate at the London School of Economics asked a great question during his summer research project: if my economics professors are right that markets are an efficient way to allocate...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

Technology

Polestar to Launch Polestar 4 Pure EV in South Korea

Polestar, a Swedish automotive manufacturer owned by Volvo Cars, is set to bring its all-electric Sports Utility Vehicle to South Korea. The company specializing in EV production will release its Polestar 4 electric...

Canada Set to Enforce OECD Crypto Tax Standards by 2026

Canada has announced plans to adopt the OECDs Crypto-Asset Reporting Framework (CARF) by 2026, aligning with global efforts to standardize cryptocurrency taxation. The move aims to enhance transparency and regulatory...

Elon Musk Reveals Cybertruck Accelerator Fix; New Software Bug Exposed in Car Wash Mishap

Elon Musk has addressed the Tesla Cybertrucks accelerator problem in a recent flurry of issues. At the same time, another owner reports a significant software glitch following a routine car wash, causing a five-hour system...

Samsung's Exynos 2500 Rumored to Eclipse Snapdragon 8 Gen 4 in Power Efficiency With 3nm SoC

Samsung is reportedly preparing to equip the Galaxy S25 series with the Exynos 2500, a chipset that utilizes 3nm technology and may perform better than Qualcomms Snapdragon 8 Gen 4. For the next Galaxy S25 series,...

Shibarium Soars 160% as Key Metric Rebounds, Signaling Recovery

Shibarium, Shiba Inus blockchain solution, has surged by an impressive 160% in just 24 hours, marking a notable recovery in vital metrics. This surge follows a recent decline in transaction volume, indicating a swift...