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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.

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...

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Economy

Kyoto, Okinawa open more luxury hotels as tourists return

Kyoto and Okinawa have been opening pricey hotels just in time for demand to return now that tourists are back. In the three years since fiscal 2018, Kyoto has seen an increase of about 12,000 hotel rooms, according to...

Nintendo breaks sales record with new Pokemon games

Nintendo Co. set a record pace for game titles after global sales of its latest Pokemon games surpassed 10 million units in the first three days of their release. Pokemon Scarlet and Pokemon Violet, which were released...

Hong Kong loses highest retail rental crown to New York

New Yorks Fifth Avenue has overtaken Hong Kongs Tsim Sha Tsui as the most expensive retail destination in the world. Milans Via Montenapoleone is third on the list followed by Londons New Bond Street and the Avenues des...

7-Eleven unveils concept store in Singapore’s Jewel Changi Airport

7-Eleven has launched its first concept store dubbed 7Cafe in Singapores Jewel Changi Airport, offering coffee and other beverages with its traditional convenience store goods. Designed with a warm color tone and...

Puma opens concept store in the Philippines

German sports retailer Puma opened its first Forever Faster concept store, which introduces technical sports with a focus on performance and sport-inspired lifestyle items. The store, located in the CBD of Makati,...

Politics

Russia-Ukraine war: Russia-backed monastery in Kyiv raided

Ukrainian security forces carried out a raid on the countrys 1000-year-old Russian-backed Christian Orthodox church monastery in the capital Kyiv. The raid aimed to intercept potential activity by Russian forces. The...

Kosovo issues 2-day delay of imposing fines on Serb drivers

Kosovo announced that it has decided to issue a two-day delay in imposing fines on Serbs who have not changed their license plates. The delay follows failed talks organized by the European Union between Kosovo and...

US: Joe Biden 'directly' involved in negotiations to end railroad strike

The White House said Tuesday that President Joe Biden was involved in the negotiations to further prevent a railroad strike that threatens to shut down supply chains. Biden also condemned the potential strike and said that...

Iran enriching uranium at 60 percent purity at Fordow facility, says UN watchdog

The United Nations nuclear watchdog said that Iran has begun enriching its uranium to up to 60 percent purity at its facility in Fordow. The report marks the latest sign of Irans advancing of its nuclear program. The...

Science

S. Korean researchers develop wearable OLED that can cure jaundice in infants

Researchers from the Korea Advanced Institute of Science and Technology (KAIST) have developed a wearable green organic light-emitting diode (OLED) with a 470-nanometer (nm) wavelength that can cure jaundice in...

It was the first time scientists confirmed that nitrous oxide increases if nitrogenous fertilizers are used excessively for rice farming.

The excessive use of nitrogenous fertilizers for rice farming results in a sharp increase in the emission of nitrous oxide, the major greenhouse gas contributor, according to study by the Gyeonggi-do Agricultural Research ...

Signatures of alien technology could be how humanity first finds extraterrestrial life

If an alien were to look at Earth, many human technologies from cell towers to fluorescent light bulbs could be a beacon signifying the presence of life. We are two astronomers who work on the search for...

The UK is about to have its first space launch – but Cornwall is unlikely to become a new Cape Canaveral

Virgin Orbit, a US company which provides launch services for satellites, has announced that the first orbital space mission from the UK will blast off from Cornwall. The rocket, which will carry nine satellites, along...

Silicon is used in construction, microchips and more – 'green' methods could help extract it from sugarcane waste

In some parts of South Africas Mpumalanga and KwaZulu-Natal provinces, sugarcane fields stretch as far as the eye can see. The crop is more than just a treat for those with a sweet tooth: in 2017 the countrys sugar...

Technology

PlayStation 6 launch: Sony fans may have to wait longer for PS5’s successor

The U.K. Competition and Markets Authority (CMA) recently published documents filed in relation to the Microsoft-Activision Blizzard merger, including Sonys official responses. And Sony appears to have confirmed plans to...

YouTube starts testing quizzes in community posts; Shorts roll out on the YouTube TV app

YouTube recently announced newly released updates, along with features that are now being tested among creators. One of them is a new way to interact with subscribers by allowing quizzes in community posts. Quizzes are...

‘Elder Scrolls 6’ availability: Microsoft confirms it will not launch on PlayStation

While fans await more information about Elder Scrolls 6, there is one thing that Microsoft has already confirmed and PlayStation fans will not like it. In one of its responses to the UKs Competition and Markets Authority,...

‘God of War: Ragnarok’ is the fastest-selling game ever in Sony PlayStation’s history

Santa Monica Studios God of War: Ragnarok proves once again that the franchise is one of the most beloved among Sonys powerhouse slate of first-party AAA games. The game broke PlayStation sales records in its first week...
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