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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 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...

If you want predictions, ask an astrologer. Economists have better things to do

Aug 06, 2021 09:47 am UTC| Economy

If you ask most people what economists do, they might tell you it has something to do with money. Or perhaps forecasting what the economy will look like a year from now. Most of the other comparisons would be less...

Why has growth slowed globally? It has something to do with technology

Jun 20, 2021 11:57 am UTC| Insights & Views Economy

Even before COVID-19 hit, Australia was experiencing slow growth in GDP per capita and real wages. There has been a distinctly lower rate of both economic and real wages growth since the financial crisis of...

Central Banking Series

It's not the Reserve Bank's job to worry about housing prices

Jun 12, 2021 07:15 am UTC| Economy Central Banks

Once again folks are pointing to the potential danger of Australias low interest rates. This week a poll of so-called market economists by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank...

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Economy

South Korean legislators seeks delay of crypto tax

South Korean parliament is taking steps to suspend a planned 20 percent tax on annual profits from digital asset investments exceeding 2.5 million won for another year. The government planned to begin taxing on Jan. 1,...

Chicago Bulls icon Scottie Pippen extends foray into beverage biz with bourbon barrel-aged tea

Iconic former Chicago Bulls basketball player Scottie Pippen extends his foray into the beverages business with a December 5 launch of his limited-release DIGITS Bourbon Barrel Aged Tea in partnership with Smith...

More Japanese workers now feel that drinking with colleagues is unnecessary

Over 60 percent of Japanese workers surveyed online said they believe drinking with colleagues is unnecessary, as the pandemic reduced reliance on alcohol drinks to deepen relationships. Those who shun meeting up with...

Skyrocketing housing prices force Seoul residents to move to Gyeonggi Province

More people are leaving Seoul to nearby provinces like Gyeonggi and other greater Seoul regions due to the financial difficulties caused by the pandemic, coupled with skyrocketing housing prices. Last year, 402,000...

NFL opens official Roblox store

The National Football League (NFL) has opened a virtual store at Roblox, initially offering official virtual helmets for all 32 teams. The NFL hopes to take advantage of rising consumer demand for digital items that can...

Politics

Donald Trump investigation: Michael Cohen says investigators should 'squeeze' those closest to Allen Weisselberg

Two investigations surrounding twice-impeached former President Donald Trump are based in New York, both of which probe into his assets and businesses. Trumps former fixer, Michael Cohen, revealed which people...

Joe Biden Build Back Better bill: Sen. Amy Klobuchar says social infrastructure bill will pass the Senate

Following the passage of US President Joe Bidens Build Back Better act in the House, it now heads to the Senate for another round of negotiations. Minnesota Democratic Senator Amy Klobuchar expressed confidence that the...

Iran: Nuclear talks resume this week, breakthrough least likely

World powers are returning to Vienna to restart discussions with Iran and its nuclear program. However, there is little hope for any breakthrough coming from this latest effort. The delegations of the world powers will...

Capitol insurrection: Missouri paper calls on Senate to investigate Josh Hawley's possible Jan. 6 involvement

Missouri Republican Senator Josh Hawley became one of the faces of the Capitol insurrection on January 6. As the House Committees investigation is underway, a local news outlet in Missouri is calling for the Senate to...

Science

Pigeons consider safety, food availability in picking where to perch

Pigeons consider safety and food availability in picking where to perch, according to Keio University professor emeritus of animal behavior, Shigeru Watanabe. The finding could help cities manage pigeon...

Half of world's seabirds ingest plastic additives :study

An international team of researchers estimates that about half of the worlds seabirds have ingested plastic additives after studying 145 seafowls of 32 species from 16 areas of the world. Plastic chemicals such as...

Study shows plant-based meat has 'excessive' salt content

A UK-based lobby group found the salt content of plant-based meat products unnecessarily high, with over 75 percent of the products surveyed failing to meet the UK governments salt reduction targets. The researchers...

S. Korean watchdog assures clothing from recycled plastic bottles is safe

The Korea Consumer Agency concluded that clothes made with recycled plastic bottles generally have no safety concerns. The watchdog based its findings on durability and safety tests of five recycled polyester garments...

S. Korean scientists develop hydrogen fuel engines strong enough to power industrial drones

The Korea Institute of Machinery and Materials has developed a 5-kilowatt hydrogen fuel engine that is strong enough to power industrial lift drones with a weight of 20 to 30 kilograms. The engine supplies hydrogen fuel...

Technology

‘Cyberpunk 2077’ is not coming to Xbox Game Pass anytime soon

Xbox Game Pass subscribers hoping to play Cyberpunk 2077 for the first time without paying for it will still have to wait for an indefinite period. On the bright side, CD Projekt seems to be open to the possibility that...

Honor 60 full design and specs leak a day before the official launch

The Honor 60 series is still hours away from getting launched, but its technical specifications and design details have already leaked. The company is expected to reduce the number of rear cameras to three while keeping a...

Realme GT 2 Pro is the brand’s ‘first premium flagship phone’ launching in early 2022

Like other smartphone makers that started by introducing mid-range products at lower price points, Realme is also expanding its business by introducing a premium and flagship device. The company confirmed Realme GT 2 Pro...

Oppo’s first foldable smartphone could be named ‘Find N’

More companies are expected to introduce their take on foldable smartphone technology within the next year, and Oppo is likely to be one of them. More reports emerged recently claiming to have new details about the Oppo...
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