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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.

Zero inflation means the Reserve Bank should cut rates as soon as it can, on Tuesday week

Apr 27, 2019 06:03 am UTC| Insights & Views Economy

What do US pizza executive Herman Cain, US conservative commentator Stephen Moore, US Chief Justice Earl Warren, and Australias Reserve Bank governor Philip Lowe have in common? More than you might think. The...

Australia's sudden ultra-low economic growth ought not to have come as surprise

Mar 09, 2019 06:09 am UTC| Insights & Views

Australias big little economic lie was laid bare on Wednesday. National accounts figures show that the Australian economy grew by just 0.2% in the last quarter of 2018. This disappointing result was below market...

Vital Signs. Do deficits matter any more?

Mar 01, 2019 13:46 pm UTC| Insights & Views Economy

It seems that whoever wins the White House in 2020, the US federal deficit will blow up. President Donald Trump has already signed into law massive tax cuts that are estimated to expand the deficit by at least US$1.5...

Now is the time to plan how to fight the next recession

Feb 26, 2019 14:43 pm UTC| Insights & Views Economy

This is part of a major series called Advancing Australia, in which leading academics examine the key issues facing Australia in the lead-up to the 2019 federal election and beyond. Read the other pieces in the series...

If needed, this man can and will cut rates during the election campaign

Feb 08, 2019 11:52 am UTC| Insights & Views Politics

It was a great story. Philip Lowe had taken over as Reserve Bank governor after 25 years of uninterrupted economic growth. The Australian economy was transitioning nicely away from the countrys biggest-ever mining boom....

Vital Signs: the power of not being too clear

Jan 19, 2019 09:03 am UTC| Insights & Views Business

Incentives, in one form or other, are central to our lives. The Soviet experiment ended in December 1991 because it turned out that when people got paid the same whether they worked hard or slacked off, most people...

Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirection

Dec 15, 2018 17:34 pm UTC| Insights & Views Economy

Anyone who has been to La Guardia airport in New York can attest the dire need in the United States for infrastructure spending. Its not just crumbling bridges, pot-holed roads and lousy airports that provide the...

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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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