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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 'the marketplace for ideas' can fail – from an economist's perspective

Jun 13, 2020 11:02 am UTC| Insights & Views Economy

There is no shortage of repugnant and dangerous ideas in the world. An age old question is whether free speech will see good ideas win out over bad. The proposition that good ideas eventually triumph in the marketplace...

Vital signs. Remembering Alberto Alesina, the father of political economy

Jun 06, 2020 04:41 am UTC| Economy

Harvard Universitys Alberto Alesina died suddenly of a heart attack on May 23. He was 63. His long-time colleague and friend Larry Summers wrote that before him, there was no academic field of political economy....

The costs of the shutdown are overestimated -- they're outweighed by its $1 trillion benefit

May 20, 2020 15:51 pm UTC| Economy

As Australia begins to relax its COVID-19 restrictions there is understandable debate about how quickly that should proceed, and whether lockdowns even made sense in Australia in the first place. The sceptics arguing...

Vital Signs. The evidence that lockdowns work may not be gold standard, but it's good

May 04, 2020 13:31 pm UTC| Economy

As Australia begins gradually to relax some of its containment measures (so-called nonpharmaceutical interventions or NPIs) we are confronted with a number of questions when will children be back at school full...

It's just started: we'll need war bonds, and stimulus on a scale not seen in our lifetimes

Apr 30, 2020 08:46 am UTC| Insights & Views

Governments are being asked to do the near impossible: to deliver on both health and the economy. In many circumstances doing both at the same time would be completely impossible. But fortunately in Australia we have...

Vital Signs Series

Modelling tells us the coronavirus app will need a big take-up, economics tells us how to get it

Apr 26, 2020 05:30 am UTC| Technology

With Australias test-confirmed daily COVID-19 infection rates continuing to fall to relatively low levels, there is considerable discussion about when and how the successful containment measures might be...

Australian and US rate cuts underline seriousness of the coronavirus crisis

Mar 06, 2020 03:44 am UTC| Investing Central Banks

This week the Reserve Bank of Australia did something everyone expected and the US Federal Reserve did something almost nobody expected. Both are revealing. At its monthly meeting Australias central bank cut official...

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Economy

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...

Cambodia hopes to boost dragon fruit sales to China

Cambodian officials are hoping to capitalize on Chinas appetite for dragon fruit, with exports to China growing by 77 percent on year in the first quarter of 2021. Dragon fruit was the sixth most popular fruit import in...

Politics

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...

World War 3: US fires warning shots at Iranian military ship

There have been tensions between the US and Iran in recent years, with relations especially frayed during the previous US administration. The concern of a possible conflict or world war has since been raised when the US...

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

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...

PSVR 2 gets 4K upgrade and foveated rendering support, report says

It has only been a few months since Sony confirmed the development of its next-generation PlayStation VR, and some details about its technical specifications have now been reported. The device, commonly referred to as PSVR...

‘Battlefield’ official Twitter hints at next game’s reveal in June

The next Battlefield game is undeniably one of the most anticipated video game announcements right now. EA, the franchises publisher, may have already confirmed the release window for its reveal trailer, and it is not...
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