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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.

Sure, economic growth is low, but think about what's gone right

Sep 06, 2019 07:44 am UTC| Insights & Views Economy

Official figures released Wednesday show the Australian economy growing at the slowest pace since the financial crisis. GDP growth was only 0.5% for the June quarter, meaning that in the past year output grew by a...

Vital Signs. Business investment is flatlining, and it isn't clear that suasion or a special allowance will help

Sep 02, 2019 23:24 pm UTC| Insights & Views Economy

You know the economy is in trouble when a clever and successful Liberal Party treasurer resorts to doing an Elizabeth Warren impersonation in front of the Business Council of Australia in hopes of boosting...

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...

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Economy

GDP update: spending dips and saving soars as we stash rather than spend our tax cuts

Australians saved rather than spent most of the budget tax cuts, almost doubling the proportion of household income saved, leaving spending languishing. The September quarter national accounts show that in the first...

A global downturn looks likely, yet it's being totally ignored in the UK election

For all the marked policy differences between the different parties in the UK election, they share a common blindspot. They all seem to assume that the UK is the sole determiner of its economic fate. There is nothing in...

This small German town took back the power – and went fully renewable

The case for ambitious and transformative environmental policy is being made with increasing fervour and a series of Green New Deals a reference to Roosevelts economic reform programme in the 1930s have been proposed...

Economic democracy: why handing power back to the people will fix our broken system

Behind the superficial froth of the UK election campaign, the competing parties are offering fundamentally different visions of the economy, who controls it and who benefits from it. The Conservatives and, to some extent,...

Global and historical lessons on how land reforms have unfolded

What can South Africa learn about land reforms from wider global and historical experiences in the 20th century? Most land reforms have involved transferring rights of ownership from wealthy landlords to poor, small-scale...

Politics

The truth about Barack Obama, Michelle Obama divorce rumors

Barack Obama might no longer be working in the Oval Office but that does not mean that the former president and his wife Michelle Obama are out of the limelight. In fact, rumors about the two divorcing have been going on...

Donald Trump criticized for his mocking Greta Thunberg tweet

President Donald Trumps Twitter post targeting teenage activist Greta Thunberg drew criticisms from various sectors. The tweet, which came after Thunberg was named Person of the Year by Time magazine, suggested to the...

Melania Trump's shocking expenditures on clothes revealed!

Melania Trump is a former model turned First Lady of the United States so no wonder she likes to be fashionable. However, it was recently revealed that she has been spending a staggering amount to replenish her wardrobe...

Why Michelle Obama defended Ellen DeGeneres against bashers for her friendship with George W. Bush

Michelle Obama took the side of Ellen DeGeneres and defended the popular host from bashers who criticized her for her friendship with the former POTUS George W. Bush. Barack Obamas wife explained that there was nothing...

Melania Trump, Donald Trump divorce rumors: What are their terms?

United States President Donald Trump is known for having married three times. However, rumors are circulating that his marriage to First Lady Melania Trump may be declining. The rumors started when Melania delayed her...

Science

Pacific Ring of Fire: Volcanologist reveals the most dangerous volcanoes

When it comes to earthquakes and eruptions, the Pacific Ring of Fire is what geologists and volcanologists are watching out for. A recent report reveals which of these volcanoes in the Ring of Fire are the most dangerous...

Aliens: Distant exoplanets may contain water sources

Space agencies are continuously studying the entities that are beyond the Earth, including one of the biggest mysteries in space. A new report reveals that distant exoplanets may have sources of water. One of the...

Antarctica shrank the brains of some scientists stationed there

For most people, Antarctica is a place they will never set foot in their entire lifetime. Its unbearably cold and covered year-round in ice, there are no hotels or fast food joints and there are no commercial ships or...

Particle X17: Mysterious particle can potentially be the 'fifth force of nature', experts say

Over time, more and more discoveries are being made in Science, and it still continues today. Scientists have made a breakthrough in discovering a particle that could potentially be the fifth force of nature. Express...

The big one: Cascadia fault can potentially trigger San Andreas and cause major earthquake

With the news of many natural calamities that have affected the West in recent years, it appears that another one may occur. A new report reveals that the Cascadia fault can once again trigger San Andreas, therefore...

Technology

Google helps you detect spams texts with new Messages app features

Google rolled two new features for its Messages app so users can better combat spam and phishing. The tech giant just added on Thursday a spam detection to the popular Android messaging app which would make it easier for...

AirPods holiday sales now live on Walmart, Best Buy

Those with tech-savvy and music-loving friends and are starting their holiday shopping early are in luck because several AirPods deals are now up online. Several discount offers can be found in different stores; however,...

iOS 14 announcement is very likely in June 2020

The launch of iOS 13 has been an underwhelming experience even to avid fans of Apple products. It is then not surprising if many iPhone and iPad users are now looking forward to having iOS 14. iOS 13 was just fully...

iPhone 12 price increase is unlikely to exceed $100

Every year, major tech companies are expected to refresh its flagship product lineups. It has also been customary for them to announce major specs and features upgrades since these are necessary to entice the public to...

iPhone SE 2 may end up being called iPhone 9

The iPhone SE 2 has been a recurring subject on tech fans weekly dose of Apple rumors. People now have a good idea of what to expect from the device, but a new report about its official name appears to be the most...
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