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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.

Zero inflation means the Reserve Bank should cut rates as soon as it can, on Tuesday week

Apr 27, 2019 06:03 am UTC| Insights & Views Economy

What do US pizza executive Herman Cain, US conservative commentator Stephen Moore, US Chief Justice Earl Warren, and Australias Reserve Bank governor Philip Lowe have in common? More than you might think. The...

Australia's sudden ultra-low economic growth ought not to have come as surprise

Mar 09, 2019 06:09 am UTC| Insights & Views

Australias big little economic lie was laid bare on Wednesday. National accounts figures show that the Australian economy grew by just 0.2% in the last quarter of 2018. This disappointing result was below market...

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...

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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

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

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...

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...
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