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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.

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...

Vital Signs Series

3 economic facts point to a big-spending federal budget

Apr 30, 2021 07:08 am UTC| Economy

Its difficult to make predictions, the saying goes, especially about the future. The many predictions federal budgets make about the economy over the coming four years must therefore be taken with a large grain of...

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Economy

Coinbase drops lending program due to SEC's lawsuit threat

Coinbase dropped its plan to launch a lending program after the US Securities and Exchange Commission (SEC) threatened it with a lawsuit The Nasdaq-listed cryptocurrency exchange said that as it continues to seek...

Nike retains top spot among most marketable sports brands for 2021

US sportswear giant Nike has retained the top spot in SportsPros list of the Worlds 50 Most Marketable (50MM) brands, holding off challenges by rival sportswear brand and second-placer Adidas, Emirates, Santander, and Red...

Michael Jordan raises stake, assumes adviser role in sports gambling firm Sportradar

NBA legend Michael Jordan will increase his investment in Sportradar Group AG, the leading global provider of sports betting and entertainment products and services, and will serve as a special adviser to the companys...

UK industry group warns CO2 crisis poses a risk of meat shortage

An industry group has warned of carbon dioxide (CO2) shortage in the UK within the week due to a sharp rise in gas prices that could result in meat supply issues. The gas price hie has forced domestic energy suppliers...

Cargill to pay farmers $20 per metric ton of carbon emissions reduced

Cargill is planning to pay farmers $20 per metric ton of carbon emissions they reduce through regenerative agricultural practices. The company intends to pass the green credits on to its customers. The Cargill...

Politics

Nancy Pelosi, G7 Speakers visit 'Coronation Street' set following summit

US House Speaker Nancy Pelosi was among her fellow presiding officers in the G7 in attendance at the summit in the United Kingdom. Following the summit, the group was shown around the set of the popular British tv series...

Joe Biden: Former Israeli PM Benjamin Netanyahu mocks widely debunked manipulated video of POTUS

A manipulated video showing US President Joe Biden seemingly falling asleep during his meeting with the new Israeli Prime Minister Naftali Bennett made the rounds on right-wing social media. The manipulated video also...

Capitol insurrection: Former aide to Mike Pence says ex-VP is as responsible for the political violence

Former vice president Mike Pence was among the individuals being targeted by the pro-Trump mob that stormed the Capitol last January 6. However, despite Pences inevitable refusal to overturn the electoral results, Pences...

Kamala Harris to appear on 'The View' this week

This week, Vice President Kamala Harris will be making another stop by the popular daytime talk show, The View. Harris will be making her first appearance on the show as vice president on Friday. Harris will be...

Science

S. Korea's POSCO, Hyundai to use oyster shell waste for steelmaking

S. Korean steelmakers POSCO and Hyundai Steel Co. will start using oyster shells as a secondary base material for producing steel. Both firms have been developing a recycling technology with a local oyster shell...

S. Korea to develop solar-powered drone that could carry 20 kg to stratosphere

South Korea will invest 37.47 billion won in developing a solar-powered drone that could carry over 20 kilograms in the stratosphere and with natural disaster monitoring capability by 2025. The drone will serve as an...

S. Korean scientists develop 3D printing ink from sunflower pollen

A group of South Korean scientists from Nanyang Technological University in Singapore managed to develop 3D printing ink material from sunflower pollen. The research team led by professor Cho Nam-joon first incubated...

Kumho Petrochemical to produce eco-friendly rubber compound out of rice bran

Kumho Petrochemical Co. will produce an eco-friendly synthetic rubber compound made of rice bran-based bio-silica. Silica improves fuel efficiency, braking power, and wear resistance of synthetic rubber for...

From CRISPR to glowing proteins to optogenetics – scientists' most powerful technologies have been borrowed from nature

Watson and Crick, Schrdinger and Einstein all made theoretical breakthroughs that have changed the worlds understanding of science. Today big, game-changing ideas are less common. New and improved techniques are the...

Technology

Telegram update introduces new themes for private chats

The latest update on Telegram appears to be focused on giving users more options to customize their chats. People can now apply new themes to private chats, as well as use animated emojis and enable read receipts for group...

OnePlus 9T will not be released this year

To those waiting for the OnePlus 9T, it is time to reconsider their smartphone upgrade plans. The company recently announced the device is not in the pipeline. For years, OnePlus has had two major smartphone launch...

Google Pixel foldable phone codenamed ‘Passport’ will reportedly launch in late 2021

Talks about Googles rumored foldable smartphone have been renewed recently after a couple of potential clues surfaced online. Now, a long-time renowned leaker has weighed in, reporting that a device codenamed Passport is...

‘League of Legends’ will have heavier punishments for repeat ‘leavers’ and AFK offenders

Abruptly leaving a match or moving away from the keyboard (AFK) could affect other players, especially in online multiplayer games like League of Legends. So for repeat offenders, Riot Games confirmed it is planning to...

Samsung Galaxy S22 benchmark test hints at the use of Snapdragon 898 SoC

A Geekbench test result reportedly done for a device believed to be Samsung Galaxy S22 has appeared in the wild. And it could be one of the earliest confirmations that it will be powered by the upcoming Snapdragon 898 SoC,...
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