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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.

Vital signs: we need those tax cuts now, all of them. The surplus can wait

Jul 12, 2019 09:48 am UTC| Insights & Views Economy

In an enormous week for economic news at the start of the month, parliament passed the governments three-stage personal income tax plan, and the Reserve Bank cut official interest rates to an unprecedented low of 1%. It...

Trump's nominations for the US Federal Reserve are an odd lot, and an even bet

Jul 07, 2019 15:12 pm UTC| Insights & Views Politics

This week US president Donald Trump announced two more nominees Judy Shelton and Christopher Waller for the two vacant positions on the US Federal Reserves board of governors. He will be hoping for better luck than he...

Once were Kiwis. Here's the hidden history of Australia's own well-being framework

Jun 21, 2019 01:38 am UTC| Insights & Views Economy

Amid all the fanfare around New Zealands so-called well-being budget, you would be forgiven for thinking our neighbour to the east had revolutionised its priorities and how to measure them. Lets recap. During the midst...

If we fall into a recession (and we might) we'll have ourselves to blame

Jun 07, 2019 15:52 pm UTC| Insights & Views Economy

The facts are not in dispute. Annual GDP growth has fallen to 1.8%. On a per-capita basis we have had three consecutive quarters of negative growth. The last time that happened was during the drought and recession of...

Vital Signs: policies come and policies go, but surely we shouldn't be subsidising inheritances

May 03, 2019 17:11 pm UTC| Insights & Views Politics

Theres an election on. Half a million of us have already voted. Theres just two weeks to go. With that comes more intense scrutiny of different policies (which is good) and disingenuous claims by those with vested...

Zero inflation means the Reserve Bank should cut rates as soon as it can, on Tuesday week

Apr 27, 2019 06:03 am UTC| Insights & Views Economy

What do US pizza executive Herman Cain, US conservative commentator Stephen Moore, US Chief Justice Earl Warren, and Australias Reserve Bank governor Philip Lowe have in common? More than you might think. The...

Australia's sudden ultra-low economic growth ought not to have come as surprise

Mar 09, 2019 06:09 am UTC| Insights & Views

Australias big little economic lie was laid bare on Wednesday. National accounts figures show that the Australian economy grew by just 0.2% in the last quarter of 2018. This disappointing result was below market...

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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

‘A Total War Saga: Troy’ release date, promo: Here’s how to get Creative Assembly’s upcoming strategy title for free

A Total War Saga: Troy, a new addition to the Total War franchise, was announced by Creative Assembly and Sega last year. In a recent post, the developer revealed that the upcoming game, which will be out later this year,...

‘Kingdom Hearts’ TV series could star Angelina Jolie and Will Smith, report claims

Avid fans of the Kingdom Hearts franchise received an exciting report recently as the popular JRPG title could be making its way on TV. More information has been published since, with the latest being Angelina Jolie and...

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,...
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