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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.

Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Dec 08, 2018 17:32 pm UTC| Insights & Views Economy

If a week is a long time in politics, then 35 years must be an eternity. 35 years ago, on Monday December 12, 1983, the Hawke-Keating government announced the Australian dollar would be floated. That is, the prices...

Fresh thinking: the carbon tax that would leave households better off

Nov 26, 2018 17:08 pm UTC| Insights & Views Economy

Today, as part of the UNSW Grand Challenge on Inequality, we release a study entitled A Climate Dividend for Australians that offers a practical solution to the twin problems of climate change and energy...

The best way to boost the economy is the best way to improve the lives of disadvantaged students

Oct 29, 2018 19:41 pm UTC| Insights & Views Economy

What if we had an opportunity to double the size of the tourism industry, or to quadruple the size of the beef industry, or to boost the economy by more than any of the presently proposed tax switches? What if we could...

Vital Signs: Australia's 5% jobless rate is not full employment; pushing up interest rates would be wrong

Oct 28, 2018 13:14 pm UTC| Insights & Views Economy

According to ABS figures released last week, the unemployment rate in Australia has fallen to 5%. This isnt as low as the 3.7% level in the United States, but by historical standards it is low for us. We need to go back...

The housing market might deflate, but it might pop. Here's how

Oct 20, 2018 06:05 am UTC| Insights & Views Real Estate

There are two things that can happen to an asset price bubble. It can burst dramatically, or deflate slowly. Which brings us to the Australian housing market. Prices in Sydney and Melbourne continue to decline at a...

For all its worth, the banking royal commission could hurt a generation of battlers

Sep 28, 2018 08:06 am UTC| Insights & Views Economy

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is set to deliver its interim report no later than September 30. There have already been plenty of consequences for...

The GFC and me. Ten years on, what have we learned?

Sep 24, 2018 07:55 am UTC| Insights & Views Economy

A little more than a decade on from the the collapse of Lehman Brothers, the largest bankruptcy in history, many of the worlds advanced economies are only now beginning to recover fully. I was on the faculty at the...

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Economy

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....

Toyota to test carbon-free hydrogen engine on race track

Toyota Motor Corp. will test its Corolla Sport equipped with a hydrogen engine in a 24-hour endurance race that starts on May 21 at the Fuji Speedway track in Oyama, Shizuoka Prefecture. The Japanese carmaker will use...

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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