Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Jun 20, 2026 03:28 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

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.

What the neoliberalism-hating left should love about markets

Mar 11, 2022 16:54 pm UTC| Economy

It is fashionable these days to dunk on markets. Show me something bad in the world and Ill show you someone blaming it on neoliberalism. Our collective failure to tackle climate change thats the fault of...

Australian unemployment steady at 4.2%, but it will need to go lower still to lift wages

Feb 18, 2022 04:52 am UTC| Economy

Thursday brought news that Australias official unemployment rate in January remained at a historically low 4.2%. In parliament, Prime Minister Scott Morrision boasted of the nation being on track to achieve a rate with a 3...

Vital Signs: Albanese to come clean on emissions targets, but a carbon price is still hush-hush

Dec 04, 2021 01:56 am UTC| Economy

The Australian Labor Party is set to announce its target for cutting greenhouse gas emissions today. At the 2016 and 2019 elections, Labor promised net zero emissions by 2050 and a cut of 45% on 2005 levels by 2030....

Vital Signs Series

Marketing is getting in the way of markets that could get us to net-zero

Nov 13, 2021 07:33 am UTC| Economy

This week the prime minister entered full marketing mode. Scott Morrisons topic was climate change and his plans to get to net-zero. At the Victorian Chamber of Commerce and Industry on Wednesday, he tried out a few...

Borrowing from King Solomon, economists are getting closer to working out how good leaders can make good decisions

Nov 06, 2021 07:59 am UTC| Insights & Views Economy

Heres a story from the Bible. As far as I know, its the first reported instance of the branch of economics known as implementation theory. Its from the First Book of Kings, Chapter 3, starting at Verse 16. Two women...

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...

1 2 3 4 5 6 7 8 9 10

Economy

Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry

Canada has introduced a temporary 10% tariff on certain canned vegetable imports as part of efforts to protect domestic growers and food processing companies from increasing foreign competition. According to a statement...

Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth

Italy has emerged as one of the strongest-performing major economies in the Eurozone, driven largely by robust investment spending and government-backed stimulus programs, according to a recent UBS research report. Since...

Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge

Global oil prices stabilized on Friday, but Brent crude remained on track for a weekly decline of more than 8% as investors assessed the uncertain future of the U.S.-Iran peace agreement and ongoing geopolitical risks in...

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Politics

U.S.-Iran Talks Resume in Switzerland as Lebanon Ceasefire Boosts Hopes for Lasting Deal

U.S. Special Envoy Steve Witkoff and Iranian Foreign Minister Abbas Araqchi are expected to travel to Switzerland for renewed diplomatic talks, signaling fresh momentum toward a broader U.S.-Iran agreement after a...

Bolivia Nears End to 50-Day Crisis After Government Reaches Deal With Workers

Bolivian President Rodrigo Paz has reached a key agreement with the Bolivian Workers Confederation (COB), marking a significant step toward ending a nationwide crisis that has disrupted the country for nearly 50 days. The...

Marco Rubio to Visit Gulf Nations for Key Middle East Talks

U.S. Secretary of State Marco Rubio is expected to travel to the Middle East next week, with planned visits to Kuwait, the United Arab Emirates (UAE), and Bahrain, according to a report from Axios citing multiple sources...

Trump Inspects Upgraded Qatar-Gifted Boeing 747 as Interim Air Force One Nears Service

President Donald Trump toured an upgraded Boeing 747 at Joint Base Andrews in Maryland on Friday as the aircraft moves closer to entering service as part of the Air Force One fleet. The luxury jet, originally gifted by...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...