[Python] python error: CommandError: You appear not to have the 'psql' program installed or on...

I'm using MacOs, have a virtualenv. I have psycopg2 installed with Pip, and the latest version of PostgreSQL installed as well.

When I run python manage.py dbshell, I get the following error:

CommandError: You appear not to have the 'psql' program installed or on your path.


I have read a few other posts on this error like this (CommandError: You appear not to have the 'psql' program installed or on your path) but I don't understand why this is not working for me. I have all the settings properly configured, and all the proper apps installed.

My settings.py: '''

DATABASES = {
'default': {
'ENGINE': 'django.db.backends.postgresql',
'NAME': 'db_stationery',
'USER': 'postgres',
'PASSWORD': '******',
'HOST': 'localhost',
'PORT': '5432',}}

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