When you stop finding certain jokes funny, because they don’t make sense economically speaking.
This has happened multiple times to me, to the point where my friends begin to scowl about how “you can’t tell jokes” to me.
Bah! Sleep is for the weak, my good friend.
When you are the only one at econ class questioning the professors lack of epistemological teachings.
You know you’re an Austrian when… you realise markets don’t fail, only governments do.
You know you’re Austrian when you’ll go blue in the face trying to convince people that Hitler was German.
The point about saying things your prof can’t understand is important. Austrians have a huge advantage over other students. In class after class, in nearly every discipline, an Austrian can add unique insights from history and theory. Profs are often astounded at the brilliant young student in the class, throwing out names of thinkers like Spooner or Etiene de la Boetie or points about the methodenstreit - stuff that no one else knows about.. Austrians can appear to be the most erudite student the prof has ever had. It provides endless sources for topics of papers, with arguments to please either a right wing or left wing teacher. It’s like magic. Profs are often astounded and thrilled, while having no clue about the source of all this stuff.
We are just normal people on the shoulders of giants Mr. Tucker.
10/10
When you start using terms like “time-preference” in everyday conversations.
When you get annoyed when someone implies that the value of something is not subjective, as in “this house is selling below its true value.”
I have this exact problem, as well as a similar one regarding wages.
Would I be correct in assuming this applies more to later year studies? I’m a first year econ student and frankly all my knowledge of Austrian econ is doing now as far as my education is concerned is making me irritated at the fallicious keynesian economics I’m being taught and at the heavy statistical bent my course seems to have.
When you know what the words a priori, methodenstreit, and verstehen mean. Bonus points if you can pronounce them [:P]
It depends entirely how you come across. Your professors are your professors, and should be treated as such. Not just out of respect (although, this should be a big reason), but because they are the professors who will write letters of recomendation once you graduate and you’re looking for an internship/job/masters/PhD. Nevertheless, generally those who are knowledgeable on Austrian economics also tend to be very passionate about the subject, and this does show in your classes. You will also, generally speaking, show more understanding of economic concepts, as compared to your fellow students, and so if you take the time to know your professor (by going to office hours), this will show itself. All of this will factor in on the professor’s impression of you. That said, you don’t necessarily need to pretend to agree with him or her, but you will necessarily have to agree to disagree (respectfully, and almost always inclining towards his opinion). The main thing is to show the professor that he is supporting someone that shows promise to have a very successful future in the field. That said, Austrian economics is condusive to giving you a head start to show that over your peers.
You know you’re an Austrian…
when you tend to disagree with everyone in a conversation about politics or economics.
when Ron Paul talks about something besides war and still makes sense to you.
when economists who wear bow ties have more credibility in your eyes.
when you wish for a privately owned super highway on the way home from work after being caught in Long Island traffic for more than two hours because some moron government cops decided to block all three lanes of traffic and lay down flares and leave their lights and sirens blaring as they proceeded to try and get a cat out of a tree on the side of the road.
That last one may be kind of particular and personal now that I think about it.
Well what you didn’t see were the grief counselors trying to reason with the cat and find out why it is in the tree.
I got a good one.
You know your an Austrian when you know the reason behind increased frisbee sales after an Austrian lecture on money.
I need to say that more often. Great pun Liberty Student.
Anyways, you know you’re an Austrian when you don’t confuse the FDA and voluntary consumer protection.
Actually, its when you realize that markets avoid failure, but that government cannot.
Your an Austrian whenever your here the acronym PDA you immediately think of Private Defence Angency and not Personal Digital Assistant.
…when the conflation of Corporatism and free-enterprise makes your blood boil