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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

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...

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...

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Economy

Bud Light Seltzer releasing eggnog flavored drink for the holidays

Bud Light Seltzer announced the return of its Ugly Sweater Limited Edition Variety Pack, and this year, it will be offering new holiday-inspired flavors. Four new tastes are set to hit the grocery store shelves soon. As...

Chipotle is taking this popular item off its menu list soon and here’s why

Chipotle is said to be removing one of its popular menu items from its store outlets soon. It was reported that its smoked brisket would be disappearing earlier as planned and it is for an unlikely reason. According to...

HT Aero introduces flying car with plans for rollout in 2024

HT Aero unveiled its flying car, and it may be released to the market soon. The company is an affiliate of Xpeng, a Chinese electric vehicle maker, and the futuristic vehicle may be hitting the air space and roads in three...

Michael Jordan's 1984 Nike sells for almost $1.5M to break record at Sotheby's

A pair of 1984 Nike Air Ships of Michael Jordan sold for $1.472 million at Sothebys to set a record for sneakers at the auction. The said shoes, Jordans earliest known regular season game-worn Nikes, were the first...

Politics

Nancy Pelosi says Congress is close to reaching a deal regarding social spending plan

Congressional Democrats are still in the midst of negotiations over the final bill that would tackle social infrastructure. House Speaker Nancy Pelosi has revealed that Congress is close to reaching an agreement regarding...

Mike Pence reportedly planning a presidential bid in 2024 elections

It has been highly speculated that former vice president Mike Pence may be planning a 2024 presidential bid which may see him go up against his former boss Donald Trump. A report revealed that Pence may be running for...

World War 3: Expert says UK should be concerned about growing tensions between China and US

China and the US have had strained relations, most especially in recent years, and even more so regarding the situation with Taiwan, stoking fears of a possible world war. An expert has warned that the UK should also be...

Kamala Harris to travel to France in November

Relations between the US and France have come under some strain following the deal made with the UK and Australia over nuclear-powered submarines. With US President Joe Biden meeting with French President Emmanuel Macron...

Science

S. Korean researchers develop Mediterranean diet that helps prevent cardiovascular disease

South Korean researchers have developed a Korean-style Mediterranean diet that helps prevent cardiovascular disease by reducing the proportion of carbohydrates while increasing the ratio of fat and protein. The diet...

LG Chem develops substance for creating cheaper, lighter plastic solar panel frames

LG Chem combined polycarbonate and acrylonitrile styrene acrylate (ASA) to develop LUPOY EU5201 to be used in plastic frames for solar panels. Consequently, LG has become the first in South Korea to develop plastic...

Owls used in helping California vineyards get rid of rodents

A Humboldt State University team is attempting to prove that owls can be an effective eco-friendly option at protecting grapes from rodent attacks. Graduate students at the universitys Department of Wildlife under...

S. Korean researchers develop process that uses agri-waste to produce biofuels, plastics

The Korea Institute of Energy Research (KIER) had developed an enzymatic process that uses agricultural waste to produce the 4-hydroxy valeric acid--an ingredient for biofuels and plastics. The KIERs enzymatic process...

France probes Nestlé, 100 other firms over bisphenol-A use

The French government is investigating 101 companies, including Nestlé, for not disclosing their use of bisphenol-A in food packaging. In its statement of objections, Frances competition authority accused the 101...

Technology

Wu-Tang Clan game is reportedly in development for Xbox

It has been more than a month since a massive list of unannounced games were leaked from the Nvidia GeForce Now network, but fans continue hearing that some of those titles may actually be in the works. Now, fans are...

‘eFootball 2022’ version 0.9.1 is delayed to November

This year marked a massive shift in Konamis football simulation franchise, but the developer has yet to regain the trust of most gamers. Unfortunately, Konami also announced recently that the much-needed update for...

‘Valheim’ developer says new biome will be its next major update

Developer Iron Gate has changed its 2021 plans for the breakout game Valheim, but the independent studio continues to work on the big additional content it promised. And in a new update post, the developer confirmed that...

‘Halo Infinite’ devs take another shot at campaign overview premiere

Video game fans have seen enough teasers and overview trailers for the Halo Infinite multiplayer, so it is about time that 343 Industries reveals the games campaign gameplay. Luckily, gamers do not have to wait long to see...

Apple explains how MacBook Pro’s screen was improved with the notch

Most people might not have expected it, but the new MacBook Pros screen design became one of the biggest talking points after they were unveiled last week. While some Apple fans are still not fully sold on having a display...
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