I consider myself an economist although I've only taken 1 economics class in university (got a C and hated every class).
To me, it was too many equations and I found it super boring. Seemed to close to the hard sciences of physicals and math rather than the human-driven "soft" sciences of psychology and sociology.
Then I found Austrian Economics in 2008 and it changed my perspective completely. I started learning how economics and freedom went hand-n-hand. I could understand money, the boom and bust cycles, the importance of "free market" interest rates, why gold and silver were historically considered money and why competition in everything made life better (especially with money). I learned to look at economics as an incentive-driven model rather than a math model to fit people in to.
Economics became life for me and it helps me evaluate so many things in my daily life. It allows me a clear head and a better understand how to both make money as an entrepreneur and how to save the wealth that I generate.
If you understand this video, you are a proper economist.
If you don't understand it, here's some reading resources.
- What has Government Done to Our Money - Murray Rothbard https://mises.org/files/what-has-government-done-our-moneypdf-0/download?token=BiNxrL2F
- Economics in One Lesson - Henry Hazlitt https://mises.org/files/henry-hazlitt-economics-one-lessonpdf/download?token=xBmgeDG7
- How an Economy Grows and Why it Crashes - Peter Schiff http://grero.com/047052670X.pdf
So go get our learn on and start creating value in the world!
In Liberty,
Ashe