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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.

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...

Why 'the marketplace for ideas' can fail – from an economist's perspective

Jun 13, 2020 11:02 am UTC| Insights & Views Economy

There is no shortage of repugnant and dangerous ideas in the world. An age old question is whether free speech will see good ideas win out over bad. The proposition that good ideas eventually triumph in the marketplace...

Vital signs. Remembering Alberto Alesina, the father of political economy

Jun 06, 2020 04:41 am UTC| Economy

Harvard Universitys Alberto Alesina died suddenly of a heart attack on May 23. He was 63. His long-time colleague and friend Larry Summers wrote that before him, there was no academic field of political economy....

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Economy

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Industry shutdowns are messy and painful: 4 lessons Australia’s coal sector can learn from car-makers about bowing out

Shifting Australias electricity sector to low-carbon technologies and closing coal plants is vital to tackling climate change. But such transitions are easier said than done. People and economies are often deeply...

Food prices will climb everywhere as temperatures rise due to climate change – new research

Climate change, and specifically rising temperatures, may cause food prices to increase by 3.2% per year, according to a new study by researchers in Germany. As climate change continues to worsen, this price inflation will...

Industrialisation is still vital to economic development but some countries are struggling to reap its benefits

Alexander Hamilton, one of the founding fathers of the US, wrote a wealth of reports that served as building blocks for the countrys economic system. In 1791, during his time as secretary of the Treasury, Hamilton...

This is how President Ramaphosa got to the 25% figure of progress in land reform in South Africa

Nearly three decades into democracy, land reform remains central to South Africas transformation policies and agricultural policy. We have over the years pointed out that the progress on land reform has been incorrectly...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

China's Commerce Minister to Advocate EV Sector in Europe Amid Subsidy, Tariff Probe

Chinas Commerce Minister Wang Wentao is set to visit Europe in April to address concerns and advocate for the Chinese electric vehicle (EV) industry amid a European Commission investigation into alleged unfair...

South Africa’s electricity crisis: what political parties say in their election manifestos about solving it

South Africa is in the middle of a deep electricity crisis. In 2023 the public, many of whom are voters, experienced the worst loadshedding to date, losing power for an average of five hours a day. The power shortages...

Science

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Technology

Shibarium's Transaction Count Soars to Nearly 1 Million in Record Surge

Shibarium, Shiba Inus layer-2 blockchain, has witnessed a meteoric rise. It is nearing one million daily transactions, and a 228.5% increase in activity sets a new transaction record. Shibarium Nears Milestone with...

Bitcoin Fees Soar to $11M as Halving Event Nears, Hash Rate Spikes

Bitcoin (BTC) transaction fees soared to a record-breaking $11 million in a single day as the highly anticipated Halving event approached. This uptick reflects greater activity on the Bitcoin network as users race to...

Spotify Hints at Long-Awaited Lossless Music Experience in Latest App Code Discovery

Industry insiders confirm that Spotify is gearing up to launch Music Pro, a new subscription tier featuring lossless audio and exclusive DJ tools. This will mark a significant shift in the music streaming services...

Tesla Model Y LR Takes on Law Enforcement Role in Anaheim

The Anaheim Police Department has launched a pilot program to evaluate the performance of Tesla Model Y Long Range vehicles as patrol cars, featuring enhancements from Unplugged Performances UP.FIT division. Sustainable...

Expert Warns: Altcoin Dip Buying Riskier Than It Appears, Cites Historical Data

Amid turbulent market conditions, Benjamin Cowen, CEO of Into The Cryptoverse, advises caution against purchasing altcoins on the dip, pointing to historical patterns that signal further declines could follow. Market...