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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 Series

Laugh at the US if you will, but Australia narrowly escaped a debt ceiling

Oct 09, 2021 08:11 am UTC| Economy

The United States government is scheduled to hit its debt ceiling of US$28.4 billion on or around October 18. The US debt ceiling isnt like the limit on a credit card, which is imposed by the lender worried about the...

Australia's 4.6% unemployment rate hints at what's possible, but it's not the real thing

Aug 22, 2021 01:17 am UTC| Economy

This week provided a first tiny glimpse into the labour-market fallout from Australias recent lockdowns. Australian Bureau of Statistics published the wage price index for the June quarter yesterday, showing sluggish...

If you want predictions, ask an astrologer. Economists have better things to do

Aug 06, 2021 09:47 am UTC| Economy

If you ask most people what economists do, they might tell you it has something to do with money. Or perhaps forecasting what the economy will look like a year from now. Most of the other comparisons would be less...

Why has growth slowed globally? It has something to do with technology

Jun 20, 2021 11:57 am UTC| Insights & Views Economy

Even before COVID-19 hit, Australia was experiencing slow growth in GDP per capita and real wages. There has been a distinctly lower rate of both economic and real wages growth since the financial crisis of...

Central Banking Series

It's not the Reserve Bank's job to worry about housing prices

Jun 12, 2021 07:15 am UTC| Economy Central Banks

Once again folks are pointing to the potential danger of Australias low interest rates. This week a poll of so-called market economists by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank...

A bounce-back in investment holds open the possibility of very good news

May 28, 2021 11:12 am UTC| Economy Investing

Private business investment is one of the key drivers of economic growth. Business investment in equipment (and even in buildings) drives productivity, which the Nobel Prize winning economist Paul Krugman famously...

Wages growth desultory, unemployment stunning

May 23, 2021 03:33 am UTC| Economy

The key narrative in Josh Frydenbergs 2021 budget was the need to use more aggressive fiscal policy to drive unemployment down and wages up. Two key pieces of data this week indicate how things are tracking. On...

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Economy

Burger King’s first vegetarian restaurant opens in Madrid

Burger King is offering something exciting for its customers who do not eat meat. The fast-food chain has opened its very first vegetarian restaurant outlet in Madrid to cater to vegetarian customers. The new Burger...

Starbucks, Amazon reportedly in talks to launch cashier-less cafe outlets

Starbucks and Amazon are said to be in the discussion for the launch of coffee shops featuring the Just Walk Out technology for a cashier-less transaction when paying. The potential tie-up will place the e-commerce and...

Paypal reportedly in the final stage of acquiring Pinterest for $45B

Paypal is set to buy Pinterest for $45 billion and this was revealed by sources who are familiar with the deal. On Wednesday, Oct. 20, it was reported that the financial technology company specializing in money transfers...

Facebook: Senators urged Mark Zuckerberg to give up its Novi crypto wallet pilot

Facebook dropped its Novi crypto wallet this week for a pilot run, and just hours after its launch, government officials have called on Mark Zuckerberg to immediately discontinue the cryptocurrency wallet that is being...

Politics

Capitol insurrection: Donald Trump's lawsuit to be presided by federal judge who condemned Jan. 6 riots

In an attempt to block the House Committee from seeing White House records, former President Donald Trump filed a lawsuit maintaining executive privilege. The lawsuit is set to be handled by a federal judge who is known to...

Kamala Harris, Marty Walsh announce new guidelines to encourage federal workers to join unions

US Vice President Kamala Harris is also leading the Biden administrations efforts to address labor, especially at a time where people are still struggling to work due to the pandemic. This week, Harris, along with Labor...

US House Speaker Nancy Pelosi to lead delegation in climate summit

The international summit on climate change is set to take place in the coming week as world leaders are set to propose their strategies in combating climate change. US House Speaker Nancy Pelosi will be leading the...

Haiti gang demands $17 million ransom for kidnapped missionaries

In recent months, the nation of Haiti has seen a rise in unrest that was worsened over the past several days following the kidnapping of American and Canadian missionaries. The latest development on the kidnapping came...

Science

LG Chem develops substance for creating cheaper, lighter plastic solar panel frames

LG Chem combined polycarbonate and acrylonitrile styrene acrylate (ASA) to develop LUPOY EU5201 to be used in plastic frames for solar panels. Consequently, LG has become the first in South Korea to develop plastic...

Owls used in helping California vineyards get rid of rodents

A Humboldt State University team is attempting to prove that owls can be an effective eco-friendly option at protecting grapes from rodent attacks. Graduate students at the universitys Department of Wildlife under...

S. Korean researchers develop process that uses agri-waste to produce biofuels, plastics

The Korea Institute of Energy Research (KIER) had developed an enzymatic process that uses agricultural waste to produce the 4-hydroxy valeric acid--an ingredient for biofuels and plastics. The KIERs enzymatic process...

France probes Nestlé, 100 other firms over bisphenol-A use

The French government is investigating 101 companies, including Nestlé, for not disclosing their use of bisphenol-A in food packaging. In its statement of objections, Frances competition authority accused the 101...

Kansai found to have more genetically predisposed coffee lovers than elsewhere in Japan

Tokyo-based genome data analysis firm Euglena found that those with rs671 genotypes of ALDH2 are more predisposed to liking coffee and more prevalent in people from the Kansai area than other parts of Japan. Euglena...

Technology

Snapdragon 898 and Dimensity 2000: New leak says both chips will use 4nm architecture

Qualcomm and MediaTek are anticipated to reveal their latest flagship mobile SoCs that are expected to be named Snapdragon 898 and Dimensity 2000, respectively. Their core specifications might have been revealed in a...

27-inch iMac to sport 120Hz ProMotion mini-LED display, analyst reports

Apple may have big plans for the iMac line in 2022. The tech giant continues to sell an Intel-based iMac, but that might change in the coming months as the company is rumored to introduce a new 27-inch iMac. The 14-inch...

MacBook Air could have a display notch in 2022

Many were skeptical when a leak appeared online, claiming that the new MacBook Pros would have a display notch until it was confirmed during Apples October launch event on Monday. Now, it appears that the new design...

Redmi Note 11 series to launch on October 28

Xiaomi is gearing up for another smartphone launch happening next week. This time, the highlight of the upcoming event is the Redmi Note 11 series. While the company is keeping the new technical specifications under wraps,...
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