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
Good Girl Gone Bad: Reloaded album four out of five stars and wrote that the "uber-futurist" production of the release accompanied with Rihanna's "Robo Dominatrix vocal approach—is a big reason the record works so well. "Good Girl Gone Bad: Reloaded" is all blue-light electronics and primal throb, 25th-century pop music in the here and now." Digital Spy's Nick Levine also gave "Good Girl Gone Bad: Reloaded" four out of five stars, but was skeptical about the choice to re-release the album, writing that "it isn't worth forking out for "Good Girl Gone Bad" twice just to hear the new songs". Despite that, he praised the