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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.

50 years ago Milton Friedman told us greed was good. He was half right

Sep 20, 2020 05:57 am UTC| Economy

The point is, ladies and gentleman, that greed for lack of a better word is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its...

This university funding crisis was always coming – COVID-19 just accelerated it

Aug 14, 2020 15:18 pm UTC| Insights & Views

In the early 1930s a 21-year-old undergraduate at the London School of Economics asked a great question during his summer research project: if my economics professors are right that markets are an efficient way to allocate...

Shorter meetings but longer days: how COVID-19 has changed the way we work

Aug 09, 2020 22:42 pm UTC| Life

One of the many things COVID-19 has had a dramatic impact on is the way many of us work. Those fortunate enough to be able to work from home have been able to adapt to this new reality and it certainly has been...

The COVID-19 crisis in aged care shows elimination is the only effective strategy

Aug 01, 2020 14:48 pm UTC| Economy

As Victoria struggles to get its hotel-quarantine-debacle-driven COVID-19 outbreak under control, there has been renewed focus on the plight of those in aged-care facilities. The facts are these. Between March 26 and...

Government lockdown costs may be exaggerated over COVID-19's direct economic impact

Jul 21, 2020 14:55 pm UTC| Economy

As a second COVID-19 lockdown looms in New South Wales, there is much discussion about the economic costs of doing so. But since the start of this pandemic there has been profound confusion in many quarters about the...

Stamp duty is an economic drag. Here's how to move to a better system

Jul 03, 2020 12:57 pm UTC| Economy

For all the things we dont know about COVID-19 one thing is certain: our economic recovery will depend on boosting productivity. Everyone from the Reserve Bank of Australia governor Philip Lowe to Prime Minister Scott...

Vital Signs Series

Vital Signs: COVID-19 recession is different – and we need more stimulus to deal with it.

Jun 21, 2020 03:30 am UTC| Economy

Australia has done well on the public health front during the COVID-19 pandemic, thanks to decisive action by the National Cabinet in March. Australia has done better than most countries on the economic front, too, thanks...

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Economy

Whole Foods' nutritional supplement brand recalls Whey Protein Powder product

A recall has been issued for one of Whole Foods own nutritional supplement labels products. It was revealed that its 365 Everyday Values vanilla flavor Protein Powder is being recalled due to mislabelling and undeclared...

Applebee's announces job recruitment day for 10,000 workers

Applebees is the latest company to announce a job recruitment event this month. The American grill and bar restaurant chain is aiming to hire at least 10,000 additional staff. Perks for booking an interview with...

Samsung announces worldwide debut of its BESPOKE home appliances lineup

Samsung formally announced the expanded lineup of its BESPOKE home appliances on Tuesday, May 11. The South Korean electronics company is also bringing these customizable products to the global market with the aim of...

S. Korean confectionary firms post robust overseas sales in 2020

South Korean confectionary companies led by Orion Corp. enjoyed brisk overseas sales in 2020, fueled by the popularity of Korean pop culture and food abroad. Orion Corp. sold approximately 1.5 trillion won worth of...

Politics

Kevin McCarthy reportedly hired Trump White House staff member to organize rally that fueled Jan. 6 violence

House Minority Leader Kevin McCarthy has come under fire for backing the removal of Liz Cheney from her leadership position. As Congress and law enforcement authorities continue to dig into the January 6 insurrection at...

Liz Cheney ousting: GOP Senator Joni Ernst accuses party of 'cancel culture'

Many Republicans of today often resort to cancel culture when they are caught in a scandal or when they are criticized for making statements that are essentially deemed sexist or racist, or problematic. GOP Senator Joni...

Donald Trump super PAC to host fundraising event at ex-POTUS' Bedminster golf club this month

Former President Donald Trump is already set to spend the summer in his New Jersey golf club. Along with his stay in Bedminster, a pro-Trump PAC is also expected to host its first fundraiser this month at the club. A...

Joe Biden to nominate Rahm Emanuel for US Ambassador to Japan

US President Joe Biden is set to announce his picks for diplomatic posts. Among the appointments that he is set to make is Rahm Emanuel for US Ambassador to Japan. Biden is expected to appoint former Chicago Mayor Rahm...

Science

Space tourism – 20 years in the making – is finally ready for launch

For most people, getting to the stars is nothing more than a dream. On April 28, 2001, Dennis Tito achieved that lifelong goal but he wasnt a typical astronaut. Tito, a wealthy businessman, paid US$20 million for a seat...

First human-monkey embryos created – a small step towards a huge ethical problem

Scientists have created the worlds first monkey embryos containing human cells in an attempt to investigate how the two types of cell develop alongside each other. The embryos, which were derived from a macaque and then...

Lab–grown embryos and human–monkey hybrids: Medical marvels or ethical missteps?

In Aldous Huxleys 1932 novel Brave New World, people arent born from a mothers womb. Instead, embryos are grown in artificial wombs until they are brought into the world, a process called ectogenesis. In the novel,...

Antimatter: scientists find way to trap elusive material by blasting it with lasers

Antimatter is believed to play a huge part in the story of our universe. Its the counterpart to matter: identical in every way with protons, neutrons and electrons but with an opposite electric charge. According to our...

Shifting toward 'open peer review'

Twenty years ago, it was difficult to find information about local restaurants, except from the restaurants themselves. Now, thanks to the Internet, independent evaluations are easy to find. Its past time we make that the...

Technology

Here’s how to sign up for the ‘New World’ closed beta before it starts in July

New World is officially the only first-party title in Amazon Games pipeline right now, and more fans will be able to witness soon what the studio has been working on for several years. The upcoming massively multiplayer...

EA Play Live 2021 is set for June 22, where the next ‘Battlefield’ reveal could finally happen

EA made several major announcements this week, especially about the highly anticipated Battlefield reveal. The video game publisher confirmed it is bringing back the EA Play Live event where its next-level first-person...

iPhone 13 Pro models reportedly feature a bigger camera bump

Apple has reintroduced an iPhone 5-era design when it launched the iPhone 12 series last fall, and the overall appearance of the upcoming iPhone 13 is expected to be similar. However, another report has suggested that...

Facebook starts testing feature asking users to ‘open article’ before sharing

With so much going on in peoples social media news feeds every minute, many may have developed a habit of only reading titles or headlines before sharing them. Now, Facebook wants to encourage its billions of users to open...
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