Since its inception, ALife has moved from producing large numbers of highly-idealised, theoretical models towards greater integration with empirically collected data. In contrast, demography -the interdisciplinary study of human populations -has been largely following the principles of logical empiricism, with models driven mainly by data, and insufficient attention being paid to theoretical investigation. Such an approach reduces the ability to produce micro-level explanations of population processes, which would be coherent with the phenomena observed at the macro level, without having to rely on ever-increasing data demands of complex demographic models. In this paper we argue that by bringing ALife-inspired, agent-based methods into demographic research, we can both develop a greater understanding of the processes underlying demographic change, and avoid a limiting over-dependence on potentially immense sets of data.-But you are paying a lot of money for the dragon! -And what, should we just give it to the citizens instead? [...] I see you know nothing about the principles of economics! Export credit warms up the economy and increases the global turnover.-But it also increases the dragon as such -I stopped him. -The more intensely you feed him, the bigger he gets; and the bigger he gets, the higher his appetite. What kind of a calculation is it? He will finally devour you all!