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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.

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...

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...

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Economy

Rihanna is a certified billionaire: How she became the richest female musician in the world

Rihanna is known worldwide as a singer, actress, and fashion designer, but not many know that she is also a businesswoman. The 33-year-old is now a certified billionaire, and most people will be surprised to know that what...

McDonald's Korea issues an apology after the discovery of expired buns and tortillas

McDonalds Korea issued an apology to its customers after it was discovered that one of its fast-food outlets in Seoul has been serving expired hamburger buns and tortillas. The restaurant admitted the mistake and expressed...

Target luring workers with free college tuition and books benefit offer

Target, the eighth-largest retailer in the U.S., announced new benefit programs for its workers this week. The company revealed that it will be offering 100% free college tuition to its team members, and books are included...

CVS Health hike wages as its earnings climb

CVS Health will increase its workers wages after seeing growth in its profits. The health care retail company will be raising its minimum wage to $15 an hour starting in July next year. Fox Business reported that while...

Politics

Joe Biden calls for NY Gov. Andrew Cuomo to resign following sexual harassment probe

US President Joe Biden largely stayed away from speaking about the probe into the sexual harassment allegations that were made against Democratic New York Governor Andrew Cuomo. However, following the report that came from...

Nancy Pelosi calls on NY Gov. Andrew Cuomo to resign after sexual harassment allegations

The recent investigation that confirmed the allegations of sexual harassment made against Democratic New York Governor Andrew Cuomo has led to many figures calling for his resignation. This also includes House Speaker...

Capitol riots: AT&T, Mastercard are reportedly still donating to GOP group involved in insurrection

The insurrection at the Capitol that occurred last January 6 led to many big-name corporations speaking out and condemning those who were involved, even ceasing to give political donations. However, a new report reveals...

North Korea: Kim Jong-un reportedly orders execution of military officer over criticism against order

The communist nation of North Korea is known to adhere to a strict order without question or criticism from its own officials. Recently, North Korean leader Kim Jong-un ordered the execution of a military official who...

Science

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving

Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Osaka University ties up with town of Okoppe to turn cow poop into methanol using LEDs

Researchers from the Osaka University and the town of Okoppe are conducting studies to produce methanol by illuminating biogas from cow manure with LEDs. Experiments were conducted at an agricultural and scientific...

Big bang: how we are trying to 'listen' to it – and the new physics it could unveil

Exactly what happened at the beginning of the universe, 14 billion years ago, is one of the greatest mysteries in physics theres no simple way to probe it. Thats because, in its early stages, the universe was filled with...

S. Korean researchers reveal method of using fat insects in producing eco-friendly biodiesel

South Korean researchers announced a method of producing environment-friendly fuels by utilizing the remains of high-fat black soldier flies. The method uses leftover fat from black soldier flies to produce animal feed,...

Nestlé, PepsiCo, and Suntory debut world’s first enzymatically recycled bottles

A consortium that includes Nestlé, PepsiCo, and Suntory has produced the worlds first food-grade PET plastic bottles from enzymatically recycled plastic using Carbios recycling process. The bottles that have been...

Technology

‘Beyond Good & Evil 2’ might no longer launch on PS4 and Xbox One

Despite the scarcity of updates about the Beyond Good Evil 2 development, it remains one of the most awaited titles from Ubisoft. However, the publisher may have changed its plans for the upcoming action-adventure and it...

PSVR 2 could launch with ‘hybrid’ AAA games

Sony confirmed earlier this year that it has started the development of the next-generation of PlayStation virtual reality hardware that many call PSVR 2. Aside from upgrading technical specifications of the headset of...

‘Halo Infinite’ is likely getting a second technical preview

The first flight test for Halo Infinite concluded recently, but fans might get another chance at experiencing the game before it releases later this year. Developers have confirmed that at least one more flight is being...

‘New World’ release date is delayed to late September

Amazon Games upcoming MMORPG was well-received during its closed beta that ran for weeks. However, what came after that success was not something fans could have anticipated. For the fourth time, New World has been...

‘Battlefield 2042’ technical playtest kicks off on August 12

The series of technical playtest for Battlefield 2042 will reportedly commence next week, but fans might still have a chance to join. EA has also revealed the minimum and recommended PC system requirements, and, as...
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