Everything is economics, brother. Even humanities. No. The human being is more like an oligarchy or a board. (Or, as one of Carrie Fisher's characters put it,

Everything is economics, brother. Even humanities. No. The human being is more like an oligarchy or a board. (Or, as one of Carrie Fisher's characters put it, a "committee.") Economics is something like a 30% shareholder. Philosophy, culture, and mental models are something like 40% -- there is no absolute majority shareholder, but culture has a plurality. Economics can gang up with the base instincts to overwhelm philosophy/ideology/culture, but economics just by itself would be overpowered by philosophy/ideology/culture. The situation here in SF is a great example of this. Ideology causes SF to pass laws and have regulations which work to SF's economic detriment.