[4] His Ph.D. thesis addressed analysis of multi-dimensional panel data in econometrics, and it received the Distinguished Dissertation Award.

During the dot-com era, he left academia to serve as Chief Financial Officer and Chief Analytics Officer at Parabon Computation, where he was co-inventor on a patent for generating supercomputing power from idle Internet-connected computers.

As a Mercatus Scholar, Davies has given lectures on economic policy topics for staff at the U.S. House of Representatives.

[12][13] In 2015, he worked as associate producer for the Moving Picture Institute on their video series, FI$H: How An Economy Grows.

[14] Davies is a long-time faculty member at the Institute for Humane Studies and the Foundation for Economic Education.