Antony Davies

Antony Davies

Associate Professor of Economics
Duquesne University

Antony Davies is associate professor of economics at Duquesne University and Mercatus Affiliated Senior Scholar at George Mason University. His primary research interests include econometrics and public policy. Davies has authored op-eds in over thirty newspapers including the Wall Street Journal, the Los Angeles Times, the Philadelphia Inquirer, and New York Daily News, is a regular columnist for US News and the Pittsburgh Tribune-Review, and is a regular commentator on Wilkow! (TheBlaze TV). He is a frequent lecturer at policy conferences on Capitol Hill and at state capitals. In addition to teaching at the undergraduate, masters, and Ph.D. levels, Dr. Davies was Chief Analytics Officer at Parabon Computation, President and co-founder at Paragon Software (now Take-Two Interactive), and co-founder and Chief Analytics Officer at Repliqa (now Zoo Entertainment).

Dr. Davies earned his B.S. in Economics from Saint Vincent College, and Ph.D. in Economics from the State University of New York at Albany.

Blog Posts

Relief from wars & politics

Reports of the world’s demise are greatly exaggerated.

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The Estate Tax is a Fundamentally Flawed Economic Policy

There are two problems with an estate tax: 1. The belief that estates should be taxed at all reveals a fundamental misunderstanding of economics, and 2. The actual taxing of estates has very different effects than those that advocates imagine it will have.

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YouTube’s Attempt to Protect Viewers From Controversial Opinions Will Backfire

YouTube is effectively censoring video content by barring videos that depict controversial subjects from collecting advertising revenue.

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Economic Freedom: A Humanitarian Case

Without economic freedom, we cannot exercise our other freedoms. The freedom to speak is meaningless if the government prevents us from traveling from our homes or paying for a phone…

Programs

Behavioral Economics

Protecting the Environment

Mythbusters

Videos

Behavioral Economics, Ep. 5: What You Need to Know About Public Choice

Why bad laws get passed. Public choice is a field of economics that takes what we understand about human behavior and applies that knowledge to humans who work in the public…

Behavioral Economics, Ep. 4: Should Someone Nudge You Into Making A Decision?

Here’s how you help free people make the best choices. Free market economists argue that people should be left alone to make decisions for themselves, but sometimes, specialized knowledge is required…

Behavioral Economics, Ep. 3: Why Do We Make Poor Decisions?

Why do we make bad choices? Making rational choices is expensive. It takes time and energy to collect the information necessary for rational thought, and it takes mental effort to apply…

Behavioral Economics, Ep. 2: How Do Heuristics Help Distinguish Bad Choices From The Good?

Here’s why we we eventually stop searching for soulmates… and shoes. How is it possible to make a rational purchase decision without seeing all the possible options? Humans have evolved low…

How and Why the Economy Works in 3 Minutes: Behavioral Economics, Ep. 1

How and why the economy works… in 3 minutes At some point in our distant past, a human who had food met another who had a spear. The two exchanged, and…

The Truth Behind the Affordable Care Act

The Affordable Care Act (popularly known as “Obamacare”) promised to lower costs and give everyone in America access to health care coverage. 6 years later, has it lived up to…

Economics: How Big is the U.S. Debt?

“Economics: How Big is the U.S. Debt?” presented by Learn Liberty. How do you feel the government should be spending or saving money? Let us know in the comments below.    

College Prof. Sorts Econ Fact and Fiction

There are difficult questions to answer: What is the weight-speed velocity of a swallow, anyway? Other questions are tricky, and the “obvious answer” may not be the right one. In this…

5 Stupid Alcohol Laws in Virginia

Who knew “happy hour” was a banned term? Until 2014, it was illegal in Virginia for a bar to advertise “happy hours” or “drink specials” outside. Bar & restaurant owners…

Environmental Protection: The Surprising Solution

What do environmental policy, the war on drugs, economics, subsidies and modern music have in common? Learn Liberty professors have addressed all these topics and more. What sorts of countries cut…

This Professor Slays Zombies with Economics (and Guns)

Presumably you’ve already made plans for surviving a zombie apocalypse. You have detailed escape routes, stockpiled weapons made for killing zombies, stores of food . . . or at least…

What’s So Great about Economic Freedom?

Economic freedom is about the freedom to buy and sell things, says Professor Antony Davies, but it’s also about the freedom to interact with people, to converse with others, to…

How Raising Taxes Will Not Balance the Budget: More Evidence

In an effort to help fix the deficit, many have advocated increasing taxes on America’s highest earners. The question becomes: is this a good way of increasing the amount of…

What Can We Cut to Balance the Budget?

In 2011, federal government spending significantly outweighed revenue. While the federal government spent $3.8 trillion, it collected only $2.2 trillion from various taxes, licenses, and fees. Professor Antony Davies breaks…

Does Stimulus Spending Work?

After the housing bubble burst, both the Bush and Obama administrations turned to stimulus spending in an effort to improve U.S. economic growth. Stimulus spending is often justified by the…

Would Taxing the Rich Fix the Deficit?

In 2009, the government’s budget deficit was $1.5 trillion. Many have suggested raising taxes on the richest Americans to help offset the budget shortfall. Economics professor Antony Davies uses data…

Are Low Interest Rates Good?

The cost of borrowing money is at a record low. Low interest rates and cheap credit encourage people to spend more, and to save less. Is this good or bad? Many…

Social Security vs. Private Retirement

A large part of your Social Security taxes goes towards a forced savings plan intended to provide Americans with money for retirement. Economics professor Antony Davies looks at the Social…

Does Government Have a Revenue or Spending Problem?

People say the government has a debt problem. But what causes federal government debt? Deficits cause debt. Every time government spending is greater than the amount government collects in tax…

Will Higher Tax Rates Balance the Budget?

As the U.S. debt and deficit grows, some politicians and economists have called for higher tax rates in order to balance the budget. The question becomes: when the government raises…

Does the Minimum Wage Hurt Workers?

Some politicians argue that raising the minimum wage helps the poor and disadvantaged. While this may appear to be the case on the surface, economics professor Antony Davies explains that…

Why Not Print More Money?

If the government can print money, why doesn’t it just print some and hand it out? Economics professor Antony Davies explains that we can understand why printing money doesn’t work…

Funding Government by the Minute

In 2011, the federal government received $2.2 trillion from all revenue sources and spent 3.8 trillion, resulting in a $1.6 trillion deficit. To put federal government spending in perspective, economics…

What If the National Debt Were Your Debt?

The U.S. federal government collected $2.2 trillion in 2011. This includes revenue from all sources. Also in 2011, the federal government spent $3.8 trillion and was $14.6 trillion in debt. These…

What Are the Dangers of Too Much Debt?

The United States currently pays 3 percent interest on the government debt. Economics professor Antony Davies shows that this year the U.S. government owes $440 billion in interest alone. This…

Unintended Consequences of Price Controls

Prof. Antony Davies explains that prices are not levers that set value, but rather, are metrics that respond to value. Therefore, since government cannot legislate value, attempts to control prices…

Markets: Exploitation or Empowerment?

Prof. Antony Davies empirically examines the question of whether or not markets are exploitative. In his analysis, he finds that trade is positively correlated with wealth creation, jobs, reductions in…

Social Security vs. Private Retirement Accounts

Prof. Antony Davies analyzes Social Security in the United States through the lens of a typical 22 year old American. Assuming that Social Security is completely solvent, the expected return…

Who favors more freedom, liberals or conservatives?

Prof. Antony Davies analyzes the fundamental differences between liberals and conservatives. He then proposes an alternative method of viewing political issues, which looks at policies and their respective impact on…

The Impact of Immigration on Jobs and Income

Is it true that immigration raises the U.S. unemployment rate? Is it true that immigration affects U.S. income distribution? The conventional wisdom says that both of these things are true.…

Is Social Security Bankrupt?

Is Social Security bankrupt? According to Prof. Anthony Davies, it isn’t bankrupt yet, but it will be soon. Davies warns that as a simple matter of mathematics, the current system…

What Do We Mean By “The Uninsured?”

In the healthcare reform debates, one commonly cited statistic was “there are 47 million uninsured Americans.” Economics professor Antony Davies examines this number, and asserts that based on the evidence,…

How Big Is the U.S. Debt?

Economics professor Antony Davies illustrates the size the U.S. federal government’s debt and unfunded obligations. He breaks down U.S. debt and obligations into constituent parts and compares them with the…