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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.

Amid talk of recessions, our progress on wages and unemployment is almost non-existent

Aug 16, 2019 06:53 am UTC| Insights & Views Economy

Legend has it that, when asked by US President Richard Nixon in 1972 what he thought about the impact of the French Revolution, Chinese Premier Zhou En Lai replied: its too early to say. Waiting for progress on wages...

Vital signs: we need those tax cuts now, all of them. The surplus can wait

Jul 12, 2019 09:48 am UTC| Insights & Views Economy

In an enormous week for economic news at the start of the month, parliament passed the governments three-stage personal income tax plan, and the Reserve Bank cut official interest rates to an unprecedented low of 1%. It...

Trump's nominations for the US Federal Reserve are an odd lot, and an even bet

Jul 07, 2019 15:12 pm UTC| Insights & Views Politics

This week US president Donald Trump announced two more nominees Judy Shelton and Christopher Waller for the two vacant positions on the US Federal Reserves board of governors. He will be hoping for better luck than he...

Once were Kiwis. Here's the hidden history of Australia's own well-being framework

Jun 21, 2019 01:38 am UTC| Insights & Views Economy

Amid all the fanfare around New Zealands so-called well-being budget, you would be forgiven for thinking our neighbour to the east had revolutionised its priorities and how to measure them. Lets recap. During the midst...

If we fall into a recession (and we might) we'll have ourselves to blame

Jun 07, 2019 15:52 pm UTC| Insights & Views Economy

The facts are not in dispute. Annual GDP growth has fallen to 1.8%. On a per-capita basis we have had three consecutive quarters of negative growth. The last time that happened was during the drought and recession of...

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...

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Economy

French wine producers have been demanding an alternative to distillation.

The French government will provide an additional $34 million aid for the wine industry on top of the $158 million promised on May 11 for crisis distillation and exemption from social security contributions. The $34...

They will discuss how to integrate their services and the utilization of blockchain technology

A consortium that would be formed to streamline and interoperate the services of banks and cashless payment providers in envisioned to introduce the digital yen. The BOJ has started feasibility studies with the European...

South Korea gave Japan until the end of May to withdraw export controls, but the latter kept mum.

South Korea will reopen its complaint at the World Trade Organization over Japans tightened export controls, as the latter has not shown willingness to settle the trade dispute. South Korea gave Japan until the end of...

The company's stores in Motesando, Ginza, and Shibuya are all reopening with the biggest and latest outlets in Marunouchi.

Apple Inc.s 10 stores in Japan will be open by Wednesday, a week after the company had resumed sales at two of them. The companys stores in Motesando, Ginza, and Shibuya are all reopening with the biggest and latest...

A South Korean trade ministry official said they have been opening dialogue channels

Japan did not retract export restrictions on three critical industrial materials imposed on South Korea in a row over wartime forced labor as the end of the latters May deadline lapsed. Consequently, South Korea may...

Politics

Ukraine prosecutors find no evidence against Joe Biden's son Hunter Biden in Burisma audit

One of the key events that led to the impeachment trials against president Donald Trump involved the supposed investigation into former vice president Joe Biden and his son Hunter Biden. Following an audit on Ukraines...

Ivanka Trump to deliver commencement address at WSU Tech virtual graduation ceremony

The coronavirus pandemic has affected schools all over the United States, with traditional graduation ceremonies being foregone for virtual ceremonies instead. This weekend, Donald Trumps eldest daughter and White House...

Snapchat announces it will not promote Donald Trump's account

Previously, President Donald Trump signed an Executive Order targeting social media platforms, following his grudge against Twitter for fact-checking some of his messages. Now, Snapchat has spoken up against Trump, stating...

Melania Trump sends her condolences to George Floyd's family

The ongoing protests in the United States that spread towards the rest of the world was sparked by the death of George Floyd at the hands of Minneapolis police officers. US first lady Melania Trump recently tweeted her...

Science

Scientists find proof of the Yellowstone volcano's two major eruptions

Volcanologists have kept tabs on the Yellowstone volcano in the United States as an eruption from the said volcano would have disastrous consequences especially to those who live near it. A study on the volcanos two...

Geologists warn of possible major earthquake in India following tremors in the past month

Over the past month, India has experienced tremors with the epicenter being in the capital Delhi. However, experts warn that these tremors may be a sign of a major earthquake that will occur over the coming...

Asteroid: 250-570 meter rock to pass by Earth this weekend

Space agencies all over the world are keeping tabs on the celestial objects that are heading towards Earth in the case of a possible collision or simply as a possible phenomenon to be studied. NASAs asteroid trackers...

Expert claims there is archaeological proof of Nazareth and what life was like in Jesus's time

Archaeologists and historians have often wondered about the truth within the accounts written in the Bible. However, breakthroughs in archaeology have provided people some idea as to what life was like during the time...

Technology

‘Need for Speed Heat,’ ‘Dragon Age 2,’ ‘Mirror’s Edge Catalyst’ and other EA titles are now discounted on Steam

For those looking for new games to try, Dragon Age 2, Need for Speed Heat, Crysis 3 and other titles from Electronic Arts are now available on Steam. The best part is that games are discounted by as much as 75 percent from...

Experimental long-range drone flights will be conducted in India beginning in the first week of July

Indias aviation regulator has allowed food delivery firms Dunzo, Swiggy, and Zomato to start testing drones for deliveries beyond the visual line of sight. The three food delivery firms are among the 13 consortia,...

PlayStation 5 launching event postponed to 'give way to more important voices'

Last month, Sony released an invitation for the launching of PlayStation 5. It was supposed to be held on June 4, but due to the Black Lives Matter protests crisis following the death of George Floyd, the tech company...

iPhone 13 mock-up has no notch, sports USB-C port

The iPhone 13 is already making headlines this week when an alleged mock-up of its design emerged online. It deserves the attention it is getting for one reason it is not anything that any Apple fan would expect to see on...

iPhone 12 launch might not happen until the last quarter of 2020

Apple has been very consistent when it comes to its annual product launch events, especially when it comes to new iPhones. However, a report from the supply chain suggests that the iPhone 12 unveiling could be pushed later...
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