Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Wed, Jun 03, 2020 01:26 PM All times are UTC Edition :

Follow Series

©Elmin Media . All Rights Reserved.

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.

Vital Signs. Do deficits matter any more?

Mar 01, 2019 13:46 pm UTC| Insights & Views Economy

It seems that whoever wins the White House in 2020, the US federal deficit will blow up. President Donald Trump has already signed into law massive tax cuts that are estimated to expand the deficit by at least US$1.5...

Now is the time to plan how to fight the next recession

Feb 26, 2019 14:43 pm UTC| Insights & Views Economy

This is part of a major series called Advancing Australia, in which leading academics examine the key issues facing Australia in the lead-up to the 2019 federal election and beyond. Read the other pieces in the series...

If needed, this man can and will cut rates during the election campaign

Feb 08, 2019 11:52 am UTC| Insights & Views Politics

It was a great story. Philip Lowe had taken over as Reserve Bank governor after 25 years of uninterrupted economic growth. The Australian economy was transitioning nicely away from the countrys biggest-ever mining boom....

Vital Signs: the power of not being too clear

Jan 19, 2019 09:03 am UTC| Insights & Views Business

Incentives, in one form or other, are central to our lives. The Soviet experiment ended in December 1991 because it turned out that when people got paid the same whether they worked hard or slacked off, most people...

Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirection

Dec 15, 2018 17:34 pm UTC| Insights & Views Economy

Anyone who has been to La Guardia airport in New York can attest the dire need in the United States for infrastructure spending. Its not just crumbling bridges, pot-holed roads and lousy airports that provide the...

Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Dec 08, 2018 17:32 pm UTC| Insights & Views Economy

If a week is a long time in politics, then 35 years must be an eternity. 35 years ago, on Monday December 12, 1983, the Hawke-Keating government announced the Australian dollar would be floated. That is, the prices...

Fresh thinking: the carbon tax that would leave households better off

Nov 26, 2018 17:08 pm UTC| Insights & Views Economy

Today, as part of the UNSW Grand Challenge on Inequality, we release a study entitled A Climate Dividend for Australians that offers a practical solution to the twin problems of climate change and energy...

1 2 3 4 5 6

Economy

South Korea gave Japan until the end of May to withdraw export controls, but the latter kept mum.

South Korea will reopen its complaint at the World Trade Organization over Japans tightened export controls, as the latter has not shown willingness to settle the trade dispute. South Korea gave Japan until the end of...

The company's stores in Motesando, Ginza, and Shibuya are all reopening with the biggest and latest outlets in Marunouchi.

Apple Inc.s 10 stores in Japan will be open by Wednesday, a week after the company had resumed sales at two of them. The companys stores in Motesando, Ginza, and Shibuya are all reopening with the biggest and latest...

A South Korean trade ministry official said they have been opening dialogue channels

Japan did not retract export restrictions on three critical industrial materials imposed on South Korea in a row over wartime forced labor as the end of the latters May deadline lapsed. Consequently, South Korea may...

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...

Politics

Donald Trump doubles down on calling for state governors and mayors to take control of protests

As the protests on oppression continue to escalate into full-fledged violence between supposed demonstrators and the police, President Donald Trump has repeatedly blasted several Democratic officials and made threats on...

Joe Biden blasts Donald Trump's handling of protests in Philadelphia address

Former vice president Joe Biden took a different approach in being able to handle the ongoing protests that have since escalated to riots and heated altercations. With the protests spreading from one city and one state to...

Donald Trump criticizes Joe Biden and his aides for helping bail out detained demonstrators

President Donald Trump is up for reelection in November and has been criticized for his attempts to respond to the growing protests and riots. But despite being urged to either change his approach in responding to the...

Joe Biden meets with black leaders in Delaware, promises to fight institutional racism

Presumptive Democrat nominee and former vice president Joe Biden has also shown his concern over the unrest that has occurred over the weekend. As he met with African-American leaders in Delaware, the former vice president...

Brother of George Floyd says Donald Trump was dismissive of him during phone call

Previously, a 46-year old African-American man named George Floyd was killed by police officers while getting arrested in Minneapolis, Minnesota. During a phone conversation with President Donald Trump regarding the...

Science

SpaceX to prepare for another launch following success from latest mission

The privately-owned SpaceX, in partnership with NASA, made history as it successfully transported two NASA astronauts into space and to the International Space Station over the weekend. Following the success of the launch...

Ancient Pharaoh city believed to be a myth found submerged under the Nile river

Even though a lot of discoveries have been made in Egypt over time, archaeologists still manage to find more artifacts that shed more light on ancient times. Another breakthrough was made in Egypt as they found an entire...

Archaeologists find proof of cannabis use in an ancient temple in Israel

The frequent use of cannabis has been around for decades, but archaeologists have found proof that stems back much further than that. In an excavation in Israel, the scientists found evidence of cannabis in a temple that...

Apollo 11: Neil Armstrong admits he and Buzz Aldrin ignored NASA's plan during moon mission

Neil Armstrong, along with Buzz Aldrin, became the first men on the Moon during the Apollo 11 mission in 1969. During an Apollo 11 press conference following the historic mission, the late astronaut revealed that they...

'Graveyard of lost ships' from Roman Empire discovered by archaeologists

Throughout history, the Roman Empire was among the most famous empires to have been established. Archaeologists have recently been able to shed more light on its history upon discovering several shipwrecks in the eastern...

Technology

‘Cyberpunk 2077’ is in the ‘final stage’ of development, devs confirm

June may have just gotten more exciting for video game fans looking forward to Cyberpunk 2077. CD Projekt Reds financial report indicates its development is close to completion. It could be a good sign that a new gameplay...

‘GTA 6’ 2023 release date rumors debunked by Take-Two

GTA 6 made headlines last week when an official document filed by Take-Two Interactive stirred speculations that the game could be released in 2023 or early 2024. The company, however, was quick to dismiss any hope for...

‘A Total War Saga: Troy’ release date, promo: Here’s how to get Creative Assembly’s upcoming strategy title for free

A Total War Saga: Troy, a new addition to the Total War franchise, was announced by Creative Assembly and Sega last year. In a recent post, the developer revealed that the upcoming game, which will be out later this year,...

‘Kingdom Hearts’ TV series could star Angelina Jolie and Will Smith, report claims

Avid fans of the Kingdom Hearts franchise received an exciting report recently as the popular JRPG title could be making its way on TV. More information has been published since, with the latest being Angelina Jolie and...

Why ‘The Sims 5’ is still unlikely getting announced at EA Play Live 2020

Fans have been anticipating many video game trade shows this year, including EA Play. Its format will be different given the COVID-19 crisis, but the event will still push through. However, any sort of announcement about...