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 Pitchfork Media described the opening lyrics of the song as inspired by "puerile psuedoporn". The album concludes with the title track "Good Girl Gone Bad", which is played with an acoustic guitar and click tracks. Released as the lead single from "Good Girl Gone Bad", "Umbrella" was sent to contemporary hit, rhythmic and urban radio in the US on April 24, 2007. The song received acclaim from music critics, who praised its production, vocals and the collaboration between Rihanna and Jay Z. "Umbrella" reached number one in more than seventeen countries worldwide, including on the UK Singles Chart and the