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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.

Amid talk of recessions, our progress on wages and unemployment is almost non-existent

Aug 16, 2019 06:53 am UTC| Insights & Views Economy

Legend has it that, when asked by US President Richard Nixon in 1972 what he thought about the impact of the French Revolution, Chinese Premier Zhou En Lai replied: its too early to say. Waiting for progress on wages...

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...

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Economy

U.S. retail sales growth slows down slightly in July

U.S. retail sales growth decelerated in July. Sales grew 1.2 percent, slowing down from the 8.4 percent growth in June. Consensus expectations were for a growth of 1.9 percent. The volatile categories recorded mixed...

FxWirePro: Sterling Looks Weaker On Gloomy Economic & Geopolitical Surface – Deploy ‘Debit Call Spreads’ To Hedge

The Corona crisis has hit the British economy comparatively hard. In addition, Brexit risks remain high, which is why we assume that the pound will continue to remain weak against the euro. Given that the UK and EU...

Macau begins bringing back gamblers from China

Macau has started reissuing tourist visas to bring gamblers back and keep casino operators from losing $15 million daily in expenses. The coronavirus lockdowns brought a severe downturn to the number of Macaus visitors...

US to label goods from Hong Kong as 'Made in China'

Good entering the US from Hong Kong after Sept. 25 will be labeled as Made in China, according to a notice in the US Federal Register. There are limited direct exports from Hong Kong, with most of the citys shipments to...

UK suffers 20.4% economic slump in Q2

The UK economy suffered its worst slump on record in the second quarter with a 20.4 percent plunge, the biggest of any major global economy. The slump, preceded by a 2.2 percent contraction in the first quarter, sent...

Politics

Donald Trump: POTUS says UAE and Israel will establish full normalized relations in new peace deal

There has been an ongoing conflict between Israel and Palestine surrounding the West Bank with the two sides, with Israel seeking to annex the West Bank. This week, Donald Trump announced the peace deal between Israel and...

Barack Obama: Donald Trump says he would not ask Ex-POTUS to resign if his administration handled COVID-19

Former President Barack Obama, like Donald Trump, also tackled a public health crisis during his eight years as commander-in-chief. On a rare occasion, Trump recently seemed to suggest that he would not ask for his...

Melania Trump: FLOTUS may be delivering her RNC convention speech from White House Rose Garden

Donald Trump will be formally accepting the Republican party nomination as he faces reelection against former vice president Joe Biden. First lady Melania Trump is also set to address the party, and her speech may be...

Michelle Obama talks about menopause and aging in new podcast episode

The latest episode of former first lady Michelle Obamas podcast was centered on womens health specifically what happens over time. Sitting down with OB-GYN Dr. Sharon Malone, Michelle opened up about her experience of...

Science

COVID-19: Blood test could reveal how fatal coronavirus is to a patient

Since the breakout in December 2019, the coronavirus pandemic also known as COVID-19 continues to terrorize the world to this day. Scientists are increasing efforts to study and develop a possible cure, but researchers...

NASA releases image of a pink gas giant exoplanet 57 lightyears away from Earth

In the universe, the planets in our Solar System are only a fraction of the number of planets that are out there orbiting their respective stars and star systems. Some of those exoplanets are strangely amazing, and NASA...

Climate change: Arctic region may be completely thawed out by 2035, researchers claim

Alongside the COVID-19 pandemic is the fight against climate change, which is now occurring at an accelerated rate in some parts of the worlds polar regions. Unfortunately, researchers have predicted a grim outcome of the...

Asteroids: NASA reveals potentially hazardous asteroid 2011 ES4 to pass by closer than the Moon

Space agencies such as NASA are constantly on the lookout for asteroids that would wander into the Earths orbit. With the news of one particularly hazardous asteroid making its way Earthbound, NASA revealed when it will be...

Technology

Xbox Series X leaks suggest early November launch

With only a few months left before the next-generation console war happens, the gaming community can expect more leaks to surface online. Recently, various sources have pointed to a very likely chance for Xbox Series X to...

‘BioShock 4’ job offerings hint at the introduction of ‘new world’ setting

More details about the anticipated BioShock 4 have come to light recently from one of the most common sources of information within the gaming community. The games developer has several active job listings that also hint...

Pixel 5: Google’s next premium smartphone won’t feature a premium processor?

The latest entry to Qualcomms Snapdragon 8 series has usually been the processing chip expected to power every smartphone makers top-tier flagship device. While Pixel 5 is billed as Googles next premium smartphone...

AirPods 3 could be a cyclist-friendly wearable audio device in 2021

It might take a while before Apple launches the AirPods 3 but that would be worth it, especially for cyclists. A newly granted Apple patent suggests a safety-oriented feature could be added in the next-generation truly...
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