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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.

50 years ago Milton Friedman told us greed was good. He was half right

Sep 20, 2020 05:57 am UTC| Economy

The point is, ladies and gentleman, that greed for lack of a better word is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its...

This university funding crisis was always coming – COVID-19 just accelerated it

Aug 14, 2020 15:18 pm UTC| Insights & Views

In the early 1930s a 21-year-old undergraduate at the London School of Economics asked a great question during his summer research project: if my economics professors are right that markets are an efficient way to allocate...

Shorter meetings but longer days: how COVID-19 has changed the way we work

Aug 09, 2020 22:42 pm UTC| Life

One of the many things COVID-19 has had a dramatic impact on is the way many of us work. Those fortunate enough to be able to work from home have been able to adapt to this new reality and it certainly has been...

The COVID-19 crisis in aged care shows elimination is the only effective strategy

Aug 01, 2020 14:48 pm UTC| Economy

As Victoria struggles to get its hotel-quarantine-debacle-driven COVID-19 outbreak under control, there has been renewed focus on the plight of those in aged-care facilities. The facts are these. Between March 26 and...

Government lockdown costs may be exaggerated over COVID-19's direct economic impact

Jul 21, 2020 14:55 pm UTC| Economy

As a second COVID-19 lockdown looms in New South Wales, there is much discussion about the economic costs of doing so. But since the start of this pandemic there has been profound confusion in many quarters about the...

Stamp duty is an economic drag. Here's how to move to a better system

Jul 03, 2020 12:57 pm UTC| Economy

For all the things we dont know about COVID-19 one thing is certain: our economic recovery will depend on boosting productivity. Everyone from the Reserve Bank of Australia governor Philip Lowe to Prime Minister Scott...

Vital Signs Series

Vital Signs: COVID-19 recession is different – and we need more stimulus to deal with it.

Jun 21, 2020 03:30 am UTC| Economy

Australia has done well on the public health front during the COVID-19 pandemic, thanks to decisive action by the National Cabinet in March. Australia has done better than most countries on the economic front, too, thanks...

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Economy

Discord is evolving beyond messaging and games

Discord was only launched in 2015, and today, it has millions of users already. The instant messaging and digital distribution platform quickly became popular as video gamers and other big communities find it the best...

Why states didn't go broke from the pandemic

During the summer of 2020, there were many news reports about the impending state fiscal crisis due to the pandemic. A July 7 article on CNBC with the headline Cuts to basic services loom as coronavirus ravages local...

Beam Suntory releases bourbon-based ready-to-drink Jim Beam in US

Beam Suntory added two new ready-to-drink cocktails featuring a bourbon base in its Jim Beam offering in the US. The Jim Beam Ginger Highball combines bourbon with ginger ale while its Jim Beam Classic Highball pairs...

Subway's new sandwiches pose risk to employees, claims franchisees

The North American Association of Subway Franchisees (NAASF) has told members that they cannot endorse Subways promotion as they can pose a burn risk to employees, and they can supposedly damage franchisees toasters....

Politics

World War 3 threat: Experts warn US and China may engage in military conflict in Africa

Over the years, relations between China and the US have been rocky, especially over certain issues. However, fears of possible world war have been stoked as experts have warned that Africa may be the continent that gets...

Joe Biden to give commencement address at Coast Guard Academy graduation

Joe Biden will be making a commencement address at the upcoming Coast Guard Academy graduation ceremony. Bidens upcoming address would be his second time giving a speech at the academys ceremony. The Coast Guard Academy...

Donald Trump social media ban: Facebook oversight board to announce decision on ex-POTUS' suspension

Former President Donald Trump has been away from social media for several months following the January 6 insurrection. Facebook is already turning to its oversight board to make a decision regarding the former presidents...

Joe Biden COVID-19 vaccine: House Democrats want POTUS to waive vaccine patents

With over 200 million doses of the COVID-19 vaccines already administered, many are now urging US President Joe Biden to provide help to other countries. House Democrats are now urging Biden to waive the vaccine patents...

Science

Space tourism – 20 years in the making – is finally ready for launch

For most people, getting to the stars is nothing more than a dream. On April 28, 2001, Dennis Tito achieved that lifelong goal but he wasnt a typical astronaut. Tito, a wealthy businessman, paid US$20 million for a seat...

First human-monkey embryos created – a small step towards a huge ethical problem

Scientists have created the worlds first monkey embryos containing human cells in an attempt to investigate how the two types of cell develop alongside each other. The embryos, which were derived from a macaque and then...

Lab–grown embryos and human–monkey hybrids: Medical marvels or ethical missteps?

In Aldous Huxleys 1932 novel Brave New World, people arent born from a mothers womb. Instead, embryos are grown in artificial wombs until they are brought into the world, a process called ectogenesis. In the novel,...

Antimatter: scientists find way to trap elusive material by blasting it with lasers

Antimatter is believed to play a huge part in the story of our universe. Its the counterpart to matter: identical in every way with protons, neutrons and electrons but with an opposite electric charge. According to our...

Shifting toward 'open peer review'

Twenty years ago, it was difficult to find information about local restaurants, except from the restaurants themselves. Now, thanks to the Internet, independent evaluations are easy to find. Its past time we make that the...

Technology

Only 13% of iOS 14.5 users worldwide allowed apps to track them

An analytics firm reported that a very small number of Apple mobile device users have agreed to allow apps to track them. The information comes two weeks after the widely anticipated and debated iOS 14.5 feature App...

Samsung Electronics to share 505 patented technologies to S. Korean SMEs

Samsung Electronics will share its 505 patented technologies with local small and medium enterprises via a government technology transfer program to overcome the market challenges triggered by the pandemic. The list of...

PS5 with ‘semi-custom’ 6nm AMD chip reportedly launching in 2022

Sony has been one of the companies affected by the semiconductor shortage worldwide resulting in the continuous difficulty to find available PS5 consoles in stores. However, Sony is reportedly considering remedying the...

Google Account users to be automatically enrolled in two-factor authentication ‘soon'

Google celebrated World Password Day by reminding its users how vulnerable these sets of characters can be. On that note, the tech giant announced its plan to have Google Account users be automatically enrolled to...
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