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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.

Vital Signs: policies come and policies go, but surely we shouldn't be subsidising inheritances

May 03, 2019 17:11 pm UTC| Insights & Views Politics

Theres an election on. Half a million of us have already voted. Theres just two weeks to go. With that comes more intense scrutiny of different policies (which is good) and disingenuous claims by those with vested...

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...

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Economy

South Africa is missing out on fresh fruit export growth. What it needs to do

South Africas urgent need to create jobs requires that the country take advantage of opportunities in the global economy that it can convert into quick wins. The fruit industry presents such an opportunity. The countrys...

Currency manipulation and why Trump is picking on Brazil and Argentina

President Donald Trump slapped new tariffs on Brazil and Argentina after accusing them of manipulating their currencies to boost exports. It wasnt the first time Trump has labeled another country a currency manipulator...

How to protect the NHS in a post-Brexit trade deal with the US

A US-UK trade deal is being negotiated, and drug prices are a key issue. Several US officials are demanding that foreign countries pay higher prices to US drug companies. The UK government is denying that drug prices will...

Market-led infrastructure may sound good but not if it short-changes the public

The privatisation of services in Australian cities has weakened public control of key infrastructure. This is likely to accelerate as governments look to market-led proposals to provide infrastructure. For nearly three...

Comeback city? Lessons from revitalising a diverse place like Dandenong

In the 1990s, central Dandenong in Melbournes southeast was in decline. But, over the past decade and a half, this trend has been halted and in some areas reversed. Our research has identified key elements in this...

Politics

Melania Trump and Ivanka Trump are not close but there is no feud, new book suggests

The relationship of Melania Trump and Ivanka Trump behind the cameras is probably one of the most speculated aspects of the Trump family dynamic since they occupied the White House. It was then not surprising that the...

Michelle Obama did not favor the initial draft of Barack Obama's official portrait, artist reveals

It has been more than a year since the official portraits of Barack Obama and Michelle Obama were unveiled. However, a piece of interesting behind-the-scenes information was revealed on Monday by Kehinde Wiley, the artist...

Rick Perry's belief that Trump was chosen by God is shared by many in a fast-growing Christian movement

In a recent interview with Fox News, Secretary of Energy Rick Perry stated that Donald Trump was chosen by God to be president. He said throughout history God had picked imperfect people such as King David or Solomon to...

The government is hyping digitalised services, but not addressing a history of e-government fails

In politics, when you have little to show for your achievements, you can release a roadmap for what will supposedly be achieved in the future. You can look on the bright side. Use phrases such as ontology of...

UK election 2019: why the BBC's approach to the IFS is a threat to its impartiality

During the 2015 election campaign, the BBC Reality Check page asked: Why should we trust the Institute for Fiscal Studies (IFS)? Its a pertinent question in this election, too, as it has become almost a ritual for the BBC...

Science

Volcano eruption: Volcanic rock claimed to be releasing carbon responsible for global warming

From the various sources of carbon in the world today that are responsible for the world going through global warming, there is one unexpected source. A study claims that volcanic rocks are also contributing to the global...

Climate change: Scientists develop carbon dioxide-eating bacteria

As people continue to take to the streets and protest in order to bring awareness to climate change. Now, a breakthrough has been made as a group of scientists from Israel have developed a strain of bacteria that could...

Asteroids: Scientists find craters while studying near-earth object

Many might only know about space rocks hurtling towards our planets orbit every now and then. However, some scientists from Japan made an unusual discovery about one particular asteroid. Kope University Graduate School...

Geminids 2019 meteor shower to appear in the skies next week

Among the amazing phenomena that could be seen up in the sky is in the form of meteor showers. Many celestial being enthusiasts might look forward to the upcoming meteor shower by the Geminids next week. It is...

Asteroids: Meteorite crashes could be what formed tectonics on Earth

From what is known about meteors or asteroids, is that these rocks have been responsible for the extinction of the dinosaurs. However, experts say that these meteorite impacts could have been responsible for jump-starting...

Technology

‘The Sims 5’ expansion packs would feature familiar themes

The content roadmap of The Sims 5 is not too difficult to predict since the popular life simulation video game series has had familiar post-launch content packs over the years. This also makes it easier for avid fans to...

‘PUBG Mobile’ v0.16.0 arrives on December 11 without Erangel 2.0

The 0.16.0 update is the most awaited content for PUBG Mobile right now. Luckily, gamers will no longer have to guess when the patch is arriving, but they should also not expect the Erangel 2.0 map to launch with...

iPhone 12 paves way for Touch ID’s return

Apples next premium line of smartphones, now widely dubbed as iPhone 12, is anticipated to be the highlight of a new decade for the tech industry. Apple fans will be more excited about it as several sources claim that the...

Why Pixelbook Go is not ‘Pixelbook 2’, Google explains

Many Chromebook fans were expecting Google to release a follow-up on its high-end product, Pixelbook, this year. It has been in the market for over two years now. But the company, instead, announced Pixelbook Go that it...

iOS 14 could no longer support iPhone 6S, 6S Plus

The range of compatibility of iOS 14 is one topic that Apple fans are most curious about, aside from its new features and stability improvements. Apple has yet to address this matter, but there are speculations that the...