Demurrage (currency) subsidy. Both inflation and demurrage reduce the purchasing power of money held over time, but demurrage does so through fixed regular fees, while inflation does it in a variety of ways. Inflation is certainly not always everywhere a monetary phenomenon. Inflation is not always easy to predict & it does not stay fixed through time, but the level of demurrage is fixed by the Government. Gresham's law that "bad money drives out good" suggests that demurrage fees would mean that a currency would suffer more rapid circulation than competing forms of currency. This led some such as German-Argentine economist Silvio
Good Bad Books and Kenneth McLeish, in which the authors critique a range of "bad good" books, generally thought to be "good books". Good Bad Books "Good Bad Books" is an essay by George Orwell first published in "Tribune" on 2 November 1945. After Orwell's death, the essay was republished in "Shooting an Elephant and Other Essays" (1950). The essay examines the lasting popularity of works not usually considered great literature. Orwell defines a "good bad book" as "the kind of book that has no literary pretensions but which remains readable when more serious productions have perished." Orwell concludes: "I would back "Uncle