Gresham's law of news. Gregory Bateson postulated an analogue to Gresham's Law operating in cultural evolution, in which "the oversimplified ideas will always displace the sophisticated and the vulgar and hateful will always displace the beautiful. And yet the beautiful persists." Gresham's law has been cited as "Silver currency will inevitably force gold currency out of circulation" (L. Pyenson, Servants of Nature (W.W. Norton, 1999) p. 21); this suggests a fundamental misinterpretation, cf. Mundell (above). Gresham's law In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money
The Good, the Bad, and the Dead Barns wakes up in the middle of the desert injured and with no memory of who he is. Surrounded by eight dead bodies, $3 million in cash, and a van full of cocaine, he is pursued by drug lord Mateo Perez, who wants his drugs and money back; DEA agent Bob Rooker; and Sheriff Olson, who is corrupt and out for his own financial gain. The Good, the Bad, and the Dead The Good, the Bad, and the Dead (formerly known as Forgotten and stylized as 4Got10) is a 2015 crime thriller directed by Timothy Woodward Jr., and starring Johnny