Quote (jtf @ Aug 12 2016 10:46pm)
There's way more peopleless homes out there than homeless people. So I think you'll need to explain how it's a result of supply/demand.
Something I found interesting after learning behavioral psychology and economics is that "classic" economics is basically useless outside of a micro setting. You never have perfect information, supply/demand isn't strictly followed because of that, people don't make rational decisions, value is subjective, etc. etc.
I'm very interested in seeing where economics as a whole goes in the next 100 years as psychology gets its act together. I suspect there's not a good reason to separate economics from the social sciences, and that it really should just be a branch of social psychology.