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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.

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...

Vital Signs. Do deficits matter any more?

Mar 01, 2019 13:46 pm UTC| Insights & Views Economy

It seems that whoever wins the White House in 2020, the US federal deficit will blow up. President Donald Trump has already signed into law massive tax cuts that are estimated to expand the deficit by at least US$1.5...

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Economy

Japan leans on Asian LNG production to lower purchase costs

Japan will support Asian countries liquefied natural gas (LNG) production for use in power generation in the hope of reducing procurement costs for the energy source. The efforts to lower purchasing costs and ensure...

Biden addressing computer chip shortage via executive order

US President Joe Biden will sign an executive order addressing a global semiconductor chip shortage that has forced US automakers and other manufacturers to cut production. Biden will also discuss the chip shortage...

Best Buy: Employees to get pandemic-related bonuses ahead of the layoffs

Best Buy will be giving out bonuses or extra pay to its workers, and this was revealed this week. The American multinational consumer electronics retailer will pay pandemic-related benefits to employees with hourly...

Facebook reached a deal with Australia after code amendments and will restore news pages

Facebook announced it would be restoring the Australian news pages that it blocked on Monday, Feb.22. The decision resulted from the talks between Mark Zuckerberg and the Australian officials. Australians revised the...

Toshiba to collaborate with GE in producing wind power equipment

Toshiba Corp is in talks with US-based General Electric Co to jointly produce offshore wind power generation equipment, with a tie-up expected to be reached next month. The negotiations focused on the joint production...

Politics

Donald Trump's son Donald Trump Jr. questioned by DC attorney general as part of ex-POTUS' inauguration fund probe

Since leaving the White House, Donald Trump is facing impending legal challenges. The same would go for members of his family as his eldest son Donald Trump Jr. was recently put through questioning by the DC attorney...

Kamala Harris to reportedly prioritize cybersecurity and global health in foreign policy platform

Vice President Kamala Harris is slowly working on her foreign policy portfolio in her calls to world leaders and officials. Officials have revealed that Harris plans to put cybersecurity and global health at the forefront...

Nancy Pelosi speaks with Israel PM Benjamin Netanyahu about two-state solution

There may have been some possible tension between President Joe Biden and Israels Prime Minister Benjamin Netanyahu, but Netanyahus recent conversation with House Speaker Nancy Pelosi was more on the optimistic side....

Joe Biden nominates three experts to USPS governing board

Among the setbacks that were experienced during the campaign season in 2020 was the delay in the mail by USPS. President Joe Biden recently nominated three people to serve in the agencys governing board in a move to...

Joe Biden overturns Donald Trump's orders against 'anarchist' cities

Shortly after his inauguration, President Joe Biden has done a series of reversals of the policies imposed by his predecessor Donald Trump. Biden has recently made another reversal of Trump-era policies in the form of...

Science

Transparent wood is coming, and it could make an energy-efficient alternative to glass

Wood is an ancient material humans have been using for millions of years, for the construction of housing, ships and as a source of fuel for burning. Its also a renewable source, and one way to capture excess carbon...

Pigs can play video games, scientists discover

Pigs might not be able to fly, but they can play video games. In a new study, researchers from Purdue University in Indiana, US have shown that pigs can use a digital screen and joystick, operated by their snout, to move a...

Einsteinium: 100 years after Einstein's Nobel Prize, researchers reveal chemical secrets of element that bears his name

A century ago, an upstart German physicist by the name of Albert Einstein turned the scientific world on its head with his discovery of the photoelectric effect, which proved light to be both a particle and a wave. Awarded...

New CRISPR technology could revolutionise gene therapy, offering new hope to people with genetic diseases

The day a muddled mob stormed the US Capitol building, a team of American researchers published a paper in Nature that signified a landmark in gene therapy. The head of the US National Institutes of Health, Francis...

In the rush for coronavirus information, unreviewed scientific papers are being publicized

COVID-19 has not only upended our personal lives, it has dramatically changed scientific research. In response to the rapid spread of the virus, scientists around the world have had to find new ways to collaborate and...

Technology

iPhone 13 could get improved 5G through Snapdragon X60 modem

The 5G adoption was one of the most important upgrades Apple introduced for the iPhone line last year. The company is now expected to improve this feature just a year later as iPhone 13 is rumored to use a recently...

‘Watch Dogs Legion’ TU 3.1 update prepares the game for online multiplayer mode

Watch Dogs Legion players can now patch the game with the Title Update 3.1 as it delivers several bug fixes. It is also packed with important data that will prepare the game for the release of the much-awaited online...

Microsoft fixes Xbox Live outage after several hours

Xbox Live is one of the most important features to anyone using Xbox One and Xbox Live Series X/S consoles. However, many users found out on Thursday that they were unable to log in to their accounts. Xbox Live outage:...

‘Final Fantasy 16’ has several modes for action-oriented and story-focused gameplay

Many details about Final Fantasy 16 are still under wraps, but producer Naoki Yoshida had recently shared how the upcoming title is different than its predecessors. The developer also hinted at the game having something to...

‘Doom Eternal’ director says he already thought about adding a female Slayer

The Doom franchise has introduced many well-loved playable characters over the years, but id Software has yet to add a female Slayer. However, one of the developers recently revealed that they have considered the idea and...