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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.

A bounce-back in investment holds open the possibility of very good news

May 28, 2021 11:12 am UTC| Economy Investing

Private business investment is one of the key drivers of economic growth. Business investment in equipment (and even in buildings) drives productivity, which the Nobel Prize winning economist Paul Krugman famously...

Wages growth desultory, unemployment stunning

May 23, 2021 03:33 am UTC| Economy

The key narrative in Josh Frydenbergs 2021 budget was the need to use more aggressive fiscal policy to drive unemployment down and wages up. Two key pieces of data this week indicate how things are tracking. On...

Vital Signs Series

3 economic facts point to a big-spending federal budget

Apr 30, 2021 07:08 am UTC| Economy

Its difficult to make predictions, the saying goes, especially about the future. The many predictions federal budgets make about the economy over the coming four years must therefore be taken with a large grain of...

Vital Signs Series

The pros and cons of diversity in organisations

Apr 23, 2021 11:44 am UTC| Insights & Views Business

Breaking down the old boys club in business, government and other organisations is intrinsically important. Ensuring greater diversity in organisations on gender, racial, ethnic and other lines is, simply put, the right...

Swaps, options and other derivatives aren't just for the financial elite

Apr 04, 2021 09:36 am UTC| Economy Investing

One of the biggest trends in economics over the past 40 years has been so-called financialisation whereby an increasing proportion of GDP in advanced economies comes from the financial sector. This has involved the...

What if Biden's $1.9 trillion stimulus plan is too big?

Feb 12, 2021 07:55 am UTC| Politics Economy

Its not often centre-left economists disagree with each other let alone get into a stoush. But its what happened over the last week. On February 5 former US Treasury Secretary and National Economic Council Chair Larry...

Biden's economic centrism isn't exciting, but right for these divisive times

Jan 22, 2021 07:33 am UTC| Economy

In an age of hyperpartisan politics, the Biden presidency offers a welcome centrism that might help bridge the divides. But it is also Bidens economic centrism that offers a chance to cut through what has become an...

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Economy

Procter & Gamble recalls Old Spice, Secret antiperspirant sprays over cancer risk

Procter Gamble voluntarily issued a recall on some Old Spice and Secret antiperspirant sprays, citing cancer risk. The presence of benzene that was described as a cancer-causing chemical was detected, and exposure to this...

Customer in Indonesia threatens to sue KFC for deceptive chicken sandwich ad

A KFC store in Indonesia had agreed to settle allegations of deception by a customer through mediation and abide by his four demands, including the company feeding orphanages for a month. The customer Erwin Sandi...

Rice strain developed as oral vaccine against cholera

Researchers primarily from the University of Tokyos Institute of Medical Science (IMSUT) have developed a rice strain packed with a protein that protects against cholera symptoms, including diarrhea. Cholera is mostly...

Burger King Canada expands King lineup of sandwiches with limited-edition Peppercorn King

Burger King Canada expanded its King lineup of sandwiches with the introduction of the Peppercorn King at participating BK locations nationwide for a limited time. The Peppercorn King features a flame-grilled beef...

Politics

Kamala Harris praises guilty verdict in Ahmaud Arbery murder trial

The verdict for the trial on the murder of Ahmaud Arbery was delivered this week as one of the two monitored trials that recently took place. US Vice President Kamala Harris weighed in on the verdict, praising the jury for...

Donald Trump investigation: New York prosecutors to look into 'pattern of fraud' in probe

Among the number of investigations that twice-impeached former President Donald Trump is at the center of is one regarding his business empire. New York prosecutors are reportedly looking into whether the former president...

Joe Biden nominates Shalanda Young for OMB director

There are still spots in US President Joe Bidens administration that have yet to be filled. In his second attempt to fill in a key role in his White House, Biden nominated Shalanda Young to lead the Office of Management...

Nancy Pelosi buying $25 million Florida mansion rumors are false, says real estate agent

Rumors have circulated that US House Speaker Nancy Pelosi is set to purchase a $25 million mansion in Florida. A real estate agent debunked the rumors, saying that there is no association between the multimillion-dollar...

Science

7-Eleven to test autonomous outdoor delivery robot in Seoul

7-Eleven will begin test-driving Neubie, an autonomous, short-range delivery robot equipped with a camera-based autonomous driving system at a store in Seouls Seocho district. According to the convenience store chain,...

S. Korean scientist discovers plants absorb microplastics

South Korean Yoon Hak-won found that agricultural crops also absorb microplastics, just like in fishery products, which could be harmful to humans. Yoon, a Korea Institute of Toxicology researcher, found microplastics...

Heinz's Mars-inspired ketchup faces Hunt's Uranus edition

Hunts has come up with its Uranus Ketchup in response to Heinz Ketchup Marz Edition, developed to mimic flavors sourced on Mars. The Heinz Ketchup Marz Edition was made of tomatoes grown under controlled soil,...

Dogecoin-funded space mission to launch in Q1 2022

Elon Musks Dogecoin-funded space mission is set to launch in the first quarter of 2022, making Doge the first crypto and the first meme coin in space. The billionaire had tweeted about the space mission in May,...

More eco-friendly frozen water bottles found better than gel packs for food deliveries

The Korea Federation for Environmental Movement (KFEM) found that frozen water bottles are more than effective enough to replace gel packs, which are difficult to recycle, for fresh food deliveries. KFEMs...

Technology

Huawei Nova 8 SE gets a 4G-only version in China

Earlier this week, there were rumors that Huawei was gearing up to announce an LTE-only version of the Nova 8 SE. And that quickly became a reality. The company reportedly launched the Huawei Nova 8 SE 4G early Friday...

‘Monster Hunter Rise’ PC will be updated with all Switch content at launch

More console-only games are getting their PC ports recently, and Monster Hunter Rise will follow the same fate in a little over a month. Capcom has also given PC gamers more reasons to look forward to the titles port after...

‘Uncharted: Legacy of Thieves Collection’ might launch without a multiplayer mode

One of the biggest announcements Sony made during an event last September was that the beloved Uncharted 4 and Uncharted: The Lost Legacy titles are launching on PC and getting a proper PS5 version. But it now appears that...

Xiaomi 12 is rumored to launch on December 12

Xiaomi is reportedly aiming to be the first smartphone maker to announce its flagship phone powered by the upcoming Snapdragon 8-series SoC. And the company is rumored to launch the Xiaomi 12 series in time for Chinas...

‘Genshin Impact’ version 2.4 could officially introduce the Enkanomiya area

The Genshin Impact 2.3 update had just gone live a few days ago, but leaks are already out about the potential additions coming to the game in version 2.4. Aside from anticipated events and characters, sources have...
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