Transitioning from the BGSE to a PhD

(Originally posted at Econ Point of View)

Determining whether to apply for a Ph.D. program or not, going through each application, and then finally making a decision is exhausting. It forces, rightfully so, the young economist to look on his experiences and his goals. I asked myself over and over about where I had been, where I am, and where I want to go. Here are some of my reflections.

How the heck did I end up here?

Some people find their vocation early in life and take the exact right steps. Other people find their vocation while reading Exchange and Production after a long workday. I took this indirect route. Until I discovered economics, academics were the means and not the ends for me. During my undergraduate, I did well in difficult physics and political science programs and on the football field. This ultimately led to an enjoyable well-paying job. That was my goal for college and I surpassed it.

However, when I started studying economics, my goals drastically changed. Economics turned my life anew. Suddenly, the good job was inadequate. I could not stop researching economics. My free time turned into economics time. Through blogs, ¨pop¨economics, and academic work, I had found my passion. It just kept building. I woke up to read Hayek on information before work and fell asleep to Kirzner on competition and price theory. Throughout my day, I listened to lectures, followed blogs, and economics audiobooks. Economics became my life and it spread from how I made decisions to how I spoke. Continue reading “Transitioning from the BGSE to a PhD”