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
Bat Out of Hell II: Back into Hell to sing—it was a horrifying sound." Steinman "kept writing the music to "Bat Out of Hell part 2"... my sequel." Not being able to "bear for people not to hear those songs," Steinman recorded the album, retitled "Bad for Good", as a solo project, although Rory Dodd contributed lead vocals on some songs. Four songs from "Bad for Good" were included on "Bat Out of Hell II". In 1989, Steinman formed all-female vocal group Pandora's Box. The album, "Original Sin", was a commercial flop, but featured two songs which would also appear on "Bat II". Meat Loaf says "Jim put