[reporter]

I think the author forgot to mention you must love economics. People get their PhD in the field they love, they don't do it for money or job prospects.

I am one of the dreaded lab PhDs and simply love my life because I love biology. I also have jobs lined up when I graduate because I did well. I did well because I loved my work which enabled me do a lot of work.

The thought of myself getting an economics PhD seems horrifying because I have no interest in it. But hey, if you love economics...