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.

The Iowa caucuses still have a great claim to retain first-in-nation status

Feb 07, 2020 05:58 am UTC| Insights & Views Politics

The most notable thing about this years Iowa (Democratic) caucuses was the debacle where results could not be reported on the night and indeed for a good while after. Some combination of new reporting requirements, a...

Climate Change Series

Climate-linked financial crises loom, but the fix isn't up to central banks

Jan 24, 2020 05:35 am UTC| Insights & Views Economy

The Bank for International Settlements the central bank for central banks made headlines this week with a report outlining how the next major financial crisis may come from unexpected climate risks. The book calls...

Vital Signs Series

The end of the checkout signals a dire future for those without the right skills

Jan 18, 2020 04:45 am UTC| Insights & Views Economy

There has already been a fair number of jobs lost to automation over recent decades from factory workers to bank tellers. In the coming decade we might see radically larger numbers of jobs lost to automation, thanks to...

Australia's nation-building opportunity held hostage by the deficit daleks

Dec 22, 2019 14:01 pm UTC| Insights & Views Economy

As anticipated, the Australian government downsized a number of its economic forecasts in the Mid-Year Economic and Fiscal Outlook (MYEFO) released this week. Also as anticipated, the federal government did everything...

Vital Signs: let's not weep for Westpac's board, but directors do need help

Dec 01, 2019 03:17 am UTC| Insights & Views Business

There are many reactions one can have to the shocking revelations of Westpacs failure to comply with Australias anti-money-laundering requirements. One reaction is its not that big a deal along the lines of now-ousted...

Vital Signs Series

Untaxing childcare is a bold idea that seems unfair, but might benefit us all

Nov 24, 2019 14:17 pm UTC| Insights & Views Economy

Australias system of childcare support is pretty good. It ensures high-quality care is provided to a large number of children, it is targeted through income-based subsidies, and it is attentive to the needs of...

Vital signs. Our compulsory super system is broken. We ought to axe it, or completely reform it

Oct 20, 2019 10:16 am UTC| Insights & Views

The just-announced inquiry into Australias retirement income system ought to be anything but run-of-the-mill. Taking place 25 years after the introduction of compulsory superannuation, it provides an opportunity to...

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The drop in GDP rankings came as South Korea posted a nominal economic growth rate of 1.4 percent in 2019

South Korea produced a nominal gross domestic product (GDP) valued at US$1.64 trillion in 2019 to rank 10th globally, down two spots from 2018. The data was based on the Organization for Economic Cooperations (OECD)...

Migrant workers make up over 90 percent of Singapore's COVID-19 cases.

Industry groups in Singapore warned that a reduction in foreign workers would have numerous implications on the economy. They were reacting to a call for a change of policies with migrant workers making up over 90...

The drop was attributed to the lockdown-generated decline in the number of outbound travelers.

Overseas card spending by South Koreans reached US$3.6 billion in the first quarter, plunging 23 percent from the $4.68 billion expenditures in the same period last year. It was the sharpest year-on-year drop in...

The country's car production plunged over 90 percent duirng the pandemic.

The French government is infusing over $8.8 billion to save the countrys car industry from huge losses brought about by the lockdowns. The countrys car production plunged over 90 percent duirng the pandemic. French...

The surge in net income was due to increased interest income

South Koreas 79 savings banks reported a combined net income of 246.3 billion in the first quarter, rising 19.4 percent year-on, according to the data from the Financial Supervisory Service (FSS). The surge in net...


Michelle Obama allegedly resents being a mother and here's why

Michelle Obama is said to be very livid and resents Barack Obama as her career has been put on hold. It was suggested that she is blaming her husband for what happened to her career that she cant take off since she also...

Why is there so much furore over China's Belt and Road Initiative?

There were certainly questions asked when Victoria first signed a memorandum of understanding to join Chinas Belt and Road Initiative (BRI) in 2018, but it wasnt until the past week that the criticism reached a fever...

Melania Trump criticized for attending POTUS' meeting with VP and Homeland Security

Melania Trump attended the briefing for the 2020 hurricane season on May 28. It was attended by Vice President Mike Pence, Homeland Security agency, Emergency Management office, and NOAA, but some people raised their...

Melania Trump reportedly warned husband Donald Trump to take coronavirus seriously

Over the past several weeks and months during the coronavirus lockdown in the United States, First Lady Melania Trump has taken a more serious approach in getting Americans to comply with CDC guidelines to slow the spread....


Human activity can potentially cause 50 billion years' worth of evolution: study

The Earth has been around for billions of years, and over those years, many species of living things have roamed on the planet. However, a new study suggests that human activity may be responsible for the extinction of...

Asteroids: Scientists say asteroids Ryugu and Bennu may came from the same parent rock

100% uniqueness Among the asteroids that space agencies such as NASA are keeping tabs on is the asteroid Bennu. Scientists recently discovered that Bennu, along with another asteroid Ryugu, actually came from the same...

Asteroids: 3D simulations show how the asteroid collision struck the dinosaurs at a fatal level

The dinosaurs that once roamed the Earth millions of years ago were believed to have been wiped out by a large asteroid that collided with the planet. Recently, some simulations that researchers conducted revealed just how...

New study suggests asteroid collision did not cause extinction of the dinosaurs

It is widely believed that an asteroid collision on Earth was responsible for the mass extinction of the dinosaurs. However, a new study seems to suggest that it was not the case at all. Express reports that researchers...


Pixel 4a XL would have had two cameras, leaked phone case suggests

After months of the rumor mill churning plenty of details about the still unannounced Pixel 4a, smartphone fans seem to be in unison now in no longer hoping for a Pixel 4a XL. The bigger version of the mid-range device,...

iOS 14 could finally allow movable widgets on the home screenshot

Many loyal iPhone users would say the one reason they choose this device is because of the iOS operating system. However, they can also not deny that iOS has been restrictive when it comes to how users can customize their...

AirPods could monitor health conditions in the next 1-2 years, report claims

Apple is known for going big on adding health-focused features to its hardware and software products. Recent reports have it that the tech giant is planning to do the same for future iterations of AirPods. Future...

The coronavirus pandemic is boosting the big tech transformation to warp speed

The coronavirus pandemic has sped up changes that were already happening across society, from remote learning and work to e-health, supply chains and logistics, policing, welfare and beyond. Big tech companies have not...
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