Antony Davies

Antony Davies

  • Senior Affiliated Scholar
  • Associate Professor, Duquesne University
  • Strata Research Fellow

Antony Davies is a Senior Affiliated Scholar at the Mercatus Center at George Mason University, associate professor of economics at Duquesne University, and Strata Research Fellow. Davies has authored over 150 op-eds for, among others, the Wall Street Journal, Los Angeles Times, Washington Post, Forbes, Investors Business Daily, and New York Daily News. His YouTube videos on economics and statistics have garnered over 3 million views. In addition to teaching at the undergraduate and Ph.D. levels, Dr. Davies founded several software companies, was Chief Financial Officer at Parabon Computation, and Associate Producer of FI$H: How an Economy Grows, at the Moving Pictures Institute.

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.

Published Research

Antony Davies | May 08, 2014
Analysis of the data suggests that industries that are more regulated are also less productive. The one-third of industries that are least regulated show growth rates in output per hour and growth rates in output per worker that are 1.8 and 1.9 times, respectively, the growth rates for the one-third of industries that are most regulated.
Antony Davies | Oct 25, 2013
This paper examines common arguments for and against the minimum wage, results of studies on the employment effects of the minimum wage, and data comparing changes in the minimum wage to changes in unemployment rates for workers with varying educational attainments. It also examines data comparing changes in the minimum wage to changes in income inequality at both the national and state levels. Applying the results to New Jersey’s likely upcoming minimum wage increase, I estimate that the unemployment rate for young workers without high school educations will rise by almost two percentage points while the unemployment rate for older workers without high school educations will rise by almost one percentage point.
Antony Davies, Devin Bowen | Oct 11, 2012
To minimize the effect of the increased taxes on their election prospects, politicians employ gimmicks to hide the taxes. In this paper, we discuss four types of gimmicks. Legislative gimmicks use the wording of the tax law to hide who is being taxed or how much they are being taxed.
Antony Davies, James C. Musser | Jul 2010
How much do you actually know about government spending? Government Spending 101 is here to help you learn how it works and what effects it has on your life.

Working Papers

Antony Davies, Bruce Yandle, Derek Thieme, Robert Sarvis | Apr 05, 2012
Can deliberate government spending activities have a continuing net positive impact on economic activity? Do federal spending programs designed to offset a recession’s negative effects really add a net positive nudge to GDP growth? Can government purposefully and successfully stimulate ongoing employment growth?
Antony Davies, John Pulito | Aug 08, 2011
This paper takes a look at how increases in the top marginal income-tax rate affect the number of high-income households within a state.
Antony Davies, John Pulito | Nov 22, 2010
How does your government regulate alcohol? This Q&A paper analyzes alcohol-control policies in the states.
Antony Davies, Rossen Valchev | Aug 22, 2008
Employing data for the state of Texas from 1963 through 2006, this workding paper concludes that increases in FMFs lead to lower state economic growth.


Testimony & Comments

Expert Commentary

By Antony Davies, James Harrigan |
Jun 03, 2015

Last June, Seattle voted to raise its minimum wage, followed by San Francisco, Los Angeles, and Chicago. There is significant political pressure at the local, state, and federal levels for other places to follow suit. But this week, Duquesne University in Pittsburgh gained national attention by announcing that it was raising the minimum it pays its employees to $16 per hour. While the press was quick to refer to this as a "minimum wage increase," it is no such thing. Minimum wage increases are imposed by government. What Duquesne did was purely voluntary. And that makes all the difference.
May 12, 2014

That’s the power of regulation by consumers. It is stronger than government regulation and, more importantly, it targets the right things for the right reasons. Consumer regulation is controlled by people who are directly affected making choices for themselves.
By Antony Davies, James R. Harrigan |
Oct 21, 2013

We are rarely subjected to debate over the minimum wage apart from election season, but America's painfully sluggish return to economic normalcy has politicians scrambling to do something to help the working class. While the minimum wage debate usually plays out at the federal level, there is now a grassroots push across the country to raise wages beyond the federally mandated $7.25 per hour. Unfortunately, success won't guarantee a happy ending for workers.
By Antony Davies, James R. Harrigan |
Jul 29, 2013

The July 1 deadline for preventing the doubling of government-subsidized student loan rates has passed, and lawmakers continue to hash out the details of a plan to move beyond the current impasse.
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