Gresham's law and of the rate of inflation lower the real demand for the inflating money." The principles of Gresham's law can sometimes be applied to different fields of study. Gresham's law may be generally applied to any circumstance in which the true value of something is markedly different from the value people are required to accept, due to factors such as lack of information or governmental decree. In the market for used cars, lemon automobiles (analogous to bad currency) will drive out the good cars. The problem is one of asymmetry of information. Sellers have a strong financial incentive to pass
The Good, The Bad, and the Indifferent Full of Stories (and Articles)" and followed by "For a Few Stories More". The original, full extended title was "The Good, The Bad, and the Indifferent: Early Stories and Commentaries by Joe R. Lansdale." It contains: The Good, The Bad, and the Indifferent The Good, the Bad, and the Indifferent is a collection of short stories by American author Joe R. Lansdale, dating from his early career, published in 1997 as a limited edition by Subterranean Press. Many of the stories were never published before and none of which have ever been collected before. This book has sold out both