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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: the power of not being too clear

Jan 19, 2019 09:03 am UTC| Insights & Views Business

Incentives, in one form or other, are central to our lives. The Soviet experiment ended in December 1991 because it turned out that when people got paid the same whether they worked hard or slacked off, most people...

Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirection

Dec 15, 2018 17:34 pm UTC| Insights & Views Economy

Anyone who has been to La Guardia airport in New York can attest the dire need in the United States for infrastructure spending. Its not just crumbling bridges, pot-holed roads and lousy airports that provide the...

Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Dec 08, 2018 17:32 pm UTC| Insights & Views Economy

If a week is a long time in politics, then 35 years must be an eternity. 35 years ago, on Monday December 12, 1983, the Hawke-Keating government announced the Australian dollar would be floated. That is, the prices...

Fresh thinking: the carbon tax that would leave households better off

Nov 26, 2018 17:08 pm UTC| Insights & Views Economy

Today, as part of the UNSW Grand Challenge on Inequality, we release a study entitled A Climate Dividend for Australians that offers a practical solution to the twin problems of climate change and energy...

The best way to boost the economy is the best way to improve the lives of disadvantaged students

Oct 29, 2018 19:41 pm UTC| Insights & Views Economy

What if we had an opportunity to double the size of the tourism industry, or to quadruple the size of the beef industry, or to boost the economy by more than any of the presently proposed tax switches? What if we could...

Vital Signs: Australia's 5% jobless rate is not full employment; pushing up interest rates would be wrong

Oct 28, 2018 13:14 pm UTC| Insights & Views Economy

According to ABS figures released last week, the unemployment rate in Australia has fallen to 5%. This isnt as low as the 3.7% level in the United States, but by historical standards it is low for us. We need to go back...

The housing market might deflate, but it might pop. Here's how

Oct 20, 2018 06:05 am UTC| Insights & Views Real Estate

There are two things that can happen to an asset price bubble. It can burst dramatically, or deflate slowly. Which brings us to the Australian housing market. Prices in Sydney and Melbourne continue to decline at a...

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Economy

Oil price reaches highest level since March due to promising vaccine, Biden transition

Oil surged to $47 a barrel Tuesday, its highest level since in March on Tuesday, due to AstraZenecas promising coronavirus vaccine that spurred demand recovery hopes and US President-elect Joe Bidens transition to the...

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Taiwanese MIB and M2 money supply continued to record solid growth in the month of October. On a year-on-year basis, MIB money supply grew 12.85 percent, while M2 money supply rose 7.05 percent in the month. This is the...

UK inks stopgap trade deal with Canada to get ready for Brexit

The UK signed a stopgap agreement with Canada, allowing trade between the two countries to continue under the same terms as Canadas existing treaty with the EU. The two countries are working on a new bilateral...

UN agency's heavy fuel oil ban in Arctic criticized as outrageous

The Clean Arctic Alliance criticized as outrageous the UN agency International Maritime Organizations (IMO) ban on the use and carriage of heavy oil fuel (HFO) by ships in Arctic waters as it would come into effect only in...

Vietnam only Southeast Asian country poised for economic growth this year: IMF

Vietnam is the only Southeast Asian country identified by the International Monetary Fund (IMF) to be on track for economic growth this year, forecast at 2.4 percent. The IMF attributed the countrys decisive steps to...

Politics

Ivanka Trump pokes fun at husband Jared Kushner's date night suggestion

First daughter and White House adviser Ivanka Trump and her husband Jared Kushner and their future after their stint in the White House have been heavily speculated as of late. Prior to her father becoming president years...

Joe Biden Cabinet: POTUS-elect weighs in on possibility of Bernie Sanders, Elizabeth Warren taking Cabinet positions

During his campaign trail, president-elect Joe Biden has often touted uniting with his former Democratic rivals, a strategy that helped him win the presidency and the popular vote. As Biden prepares to appoint people to...

World War 3: Experts say Joe Biden's plan to reaffirm US relations with South Korea could help prevent conflict with North Korea

Relations between the US and South Korea have somehow hit a slight setback when Donald Trump was criticized for failing to make North Korea sign an agreement to reduce its nuclear arsenal. However, that may be repaired,...

Donald Trump grants pardon to Michael Flynn

With less than two months left as president, Donald Trump is spending his last Thanksgiving holiday as Commander-in-Chief at the White House. As well as spending the holiday in the executive residence, Trump has also...

Science

Reincarnation: Top NASA scientist believed there is scientific proof of life after death

One of the biggest mysteries in life is the concept of the afterlife, something that could only be viewed in a more spiritual sense than scientific. However, one top NASA scientist believed that there is scientific...

Climate change warning: Antarctica's ice sheet may become unstable if global warming continues

The whole world may be suffering from climate change, but the icy region of Antarctica is among the worst-hit. As the ice has already melted at a concerning rate, scientists have warned that the ice sheet of the continent...

NASA discovery: Cassini probe detects elements for life in Saturn's moon Enceladus

There are certain places in our planetary neighborhood that scientists believe can host life or may have hosted life. One of those places, as NASA has discovered, might be Saturns moon Enceladus. Seen in the Discovery...

NASA news: Agency tests new solar thermal propulsion system for future launches

Agencies like NASA are already exploring possibilities in faster space travel including ways to launch satellites or probes into space. Recently, NASA is already testing out a new kind of propulsion system for launching...

Technology

AirPods 3 could be launched in H1 2021, Ming-Chi Kuo predicts

It has been more than a year since the second generation of the entry-level AirPods was released, and its successor is expected to arrive next year. While the AirPods 3 is anticipated to sport a new form factor, it is a...

iOS 15 might no longer support three iPhone models in 2021

It has only been a few months since the iOS 14 update was released, but the potential list of compatible devices with iOS 15 already emerged online. Apple could ditch at least three devices next year, according to the...

iPad Pro 2021 might not have OLED displays yet

An article got Apple fans excited this week as it mentioned the preparations for OLED adoption have begun for iPad Pro models arriving in 2021. However, major display suppliers Samsung and LG Display, have reportedly...

‘Cyberpunk 2077’ will let players avoid nudity, developer confirms

It is already a known fact that Cyberpunk 2077 is a game not made for the younger audience. However, a developer also confirmed that players will have an option to avoid nudity once the RPG is out. Cyberpunk 2077...
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