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
Bad for Good for Bonnie Tyler. He used excerpts from "The Storm" for "Opening of the Box" on the Pandora's Box album "Original Sin", and in the "Ouverture" for the musical "Dance of the Vampires (musical)". Comedy Duo Scharpling & Wurster's sketch "The Gas Station Dogs" from their "New Hope for the Ape-Eared" album featured a delusional singer-songwriter promoting a song called "Rock n' Roll Dreams Will Come Through." Meat Loaf has recorded most of "Bad for Good": Bad for Good Bad for Good is a 1981 album by American songwriter Jim Steinman. Steinman wrote all of the songs and performed on most,