This ^^^^. I have lived in San Francisco for 25 years now. While I could reduce my cost of living dramatically by moving, I have spent my entire post-college life here. Nearly all of my friends and professional network are here, so I have approximately zero interest in moving, even if it would be cheaper, it would not be worth it.

> They have relatives, friends, aesthetic preferences, social obligations, religious beliefs, and other things that "do not compute" in mathematical models.

They compute fine -- most models are just "lying with math" by excluding the value of those things from their calculations.

It's not different than a friend who ignores those things when using words -- of course it doesn't make sense why you don't move if you don't account for the full value of where you are at present.

I think if we accounted for the destroyed social value that most of these economic models have inflicted, it would be the obvious massive negative that most people anecdotally tell. I think it's very telling how rarely you see these kinds of things modeled in economic theory despite how obviously part of the way humans value things they are.

Economics is merely institutionalized fixation on money, and produces precisely the psychopathic models you'd expect from that.