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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.

What the neoliberalism-hating left should love about markets

Mar 11, 2022 16:54 pm UTC| Economy

It is fashionable these days to dunk on markets. Show me something bad in the world and Ill show you someone blaming it on neoliberalism. Our collective failure to tackle climate change thats the fault of...

Australian unemployment steady at 4.2%, but it will need to go lower still to lift wages

Feb 18, 2022 04:52 am UTC| Economy

Thursday brought news that Australias official unemployment rate in January remained at a historically low 4.2%. In parliament, Prime Minister Scott Morrision boasted of the nation being on track to achieve a rate with a 3...

Vital Signs: Albanese to come clean on emissions targets, but a carbon price is still hush-hush

Dec 04, 2021 01:56 am UTC| Economy

The Australian Labor Party is set to announce its target for cutting greenhouse gas emissions today. At the 2016 and 2019 elections, Labor promised net zero emissions by 2050 and a cut of 45% on 2005 levels by 2030....

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...

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Economy

Naver Cloud becomes first S. Korean cloud service provider to develop gene analysis platform

Naver Cloud became the first South Korean cloud service provider to develop a gene data analysis platform. The newly-developed Nvidia Clara Parabricks on the platform of Naver Cloud, an affiliate of South Koreas leading...

Hyundai Steel uses low-carbon electric furnace to produce high-end steel

Hyundai Steel Co. will launch the production of high-end steel materials by establishing Hy-Cube, a new electric furnace-based steel production system. The Hy-Cube technology is based on a new electric furnace concept...

S. Korean scientists use mussel adhesive protein to connect severed nerve segments

South Korean scientists have developed a method using mussel adhesive protein to connect severed nerve ends without the need to use suture threads. A joint research team from Pohang University of Science and Technology,...

ESPN optimistic of rights renewal with F1

ESPN held talks with Formula One over a broadcast partnership renewal, according to the US networks president of programming and original content, Burke Magnus. The current deal, where ESPN pays about US$5 million...

MLS taps Caterpillar for major sponsorship deal

Major League Soccer (MLS) has tapped US construction equipment manufacturer Caterpillar as a major sponsor in a new, multi-year partnership. The agreement is meant to enhance Caterpillars profile by utilizing MLSs...

Politics

Afghanistan: Taliban's restrictions look to make women, girls 'invisible', UN expert says

The Taliban has increasingly imposed restrictive policies on Afghan women and girls months since retaking control of Afghanistan. A UN expert who visited the country said the restrictive policies by the insurgent group...

Iran: Incident at Parchin military complex leaves one killed, one wounded

An incident occurred at Irans Parchin military complex this week, leaving two casualties. One was killed, and another was wounded in the incident, according to the countrys defense ministry. Irans defense ministry...

US Justice Department targeting Trump attorneys, advisers in fake electors investigation

The US Justice Department has mostly kept silent about its ongoing investigations, particularly probes related to the attempt by Donald Trump and his allies to overturn the 2020 elections and stay in power. With the focus...

US GOP Rep. Jim Jordan demands to see all evidence against him before complying to Jan. 6 panel subpoena

The Jan. 6 congressional committee investigating the Capitol insurrection moved to issue subpoenas to a handful of sitting Republican lawmakers in Congress. Republican Rep. Jim Jordan recently demanded that he view all the...

Science

S. Korean scientists develop magnet-based soil purification tech

The Korea Atomic Energy Research Institute had developed a method for purifying radioactively contaminated soil by using magnets to separate radioactive cesium from the soil. Cesium is most frequently found in...

Hyundai Mobis’ monitoring system reduces drowsy driving risks by 30%

Hyundai Mobis Co. has come up with an in-house brainwave-based driver monitoring system that can reduce the risk of drowsy driving by up to one-third. The system, dubbed M.Brain, is a wearable earpiece that continuously...

California start-up Bionaut Labs to send tiny robots on voyage into brains

California start-up Bionaut Labs will conduct its first clinical trials on sending miniature robots deep inside the human skull to treat brain disorders The tiny injectable robots can be guided through the brain using...

Kirin, Meiji University develop electric chopsticks that make low-salt food taste salty

Food producer Kirin and Meiji University have developed a pair of chopsticks that stimulate the taste of salt in foods with low salt content through extensive research. This technology, which has yet to be named,...

Japanese researchers develop plastic with self-repairing powers

Japanese researchers have found a way to create self-repairing plastics that can be used in many products and reduce the amount of waste now polluting the planet. It might have practical applications for home...

Technology

From glasses to mobility scooters, 'assistive technology' isn't always high-tech

This month, the first ever World Health Organization (WHO) and UNICEF Global Report on Assistive Technology was released. The WHO estimates one in three of us will need assistive technology, ranging from glasses to...

A unified cybersecurity strategy is the key to protecting businesses

Following the changes the pandemic has brought about in the business world, organizations have significantly increased their use of data and the internet. This, in turn, has increased the prevalence of cyberattacks and...

AI could help us spot viruses like monkeypox before they cross over – and help conserve nature

When a new coronavirus emerged from nature in 2019, it changed the world. But COVID-19 wont be the last disease to jump across from the shrinking wild. Just this weekend, it was announced that Australia, is no longer an...

Blizzard reveals global release times for ‘Diablo Immortal’

The free-to-play Diablo Immortal is launching in a few days, and Blizzard Entertainment has announced at exactly what time the game will go live. PC gamers can also start preparing for its arrival and start to pre-load the...

FromSoftware suggests ‘Dark Souls’ online servers are coming back soon

The long wait may be over soon for avid fans of Dark Souls. Developer FromSoftware has recently provided an update on the status of the games online servers more than four months after they were taken down...
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