Presentation to the Global Economic Outlook (GEO) Conference, West Palm Beach, Fla., March. 8, 2005

Presentation to the Culver-Stockton College, Feb. 24, 2005

Presentation at Lincoln University, Jefferson City, Mo., Oct. 4, 2004

Presentation at Delta State University, Cleveland, Miss., Oct. 19, 2004

The Malthusian theory of evolution disregards a pervasive fact about human societies: they expand through conflict. When this is taken account of the long-run favors not a large population at the level of subsistence, nor yet institutions that maximize welfare or per capita output, but rather...

Presentation at Lincoln University, Jefferson City, Mo., Oct. 4, 2004

Presentation at Delta State University, Cleveland, Miss., Oct. 19, 2004

Presentation to the Culver-Stockton College, Feb. 24, 2005

The burdens of a recession are not spread evenly across demographic groups. The public and media, for example, noticed that, from the start of the current recession in December 2007 through June 2009, men accounted for more than three quarters of net job losses. Other differences have garnered...

This paper explores the relationship between age distribution and asset returns impled by an overlapping-generations asset pricing model. The model predicts that as more individuals reach the age when the increment to their wealth reaches its maximum, asset returns fall. Cross-sectional evidence...