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
Alexander and the Terrible, Horrible, No Good, Very Bad Day (film) times." David Hiltbrand of "The Philadelphia Inquirer" gave the film two out of four stars, saying "It's a film where you start chuckling as soon as someone says something like, "I just want everything to be perfect tonight." Adam Graham of "The Detroit News" gave the film a B-, saying ""Alexander" won't change your day, but it's not terrible, horrible, no good or very bad, either." Calvin Wilson of the "St. Louis Post-Dispatch" gave the film a three out of four stars, saying "Arteta keeps the action speeding along while eliciting spot-on performances. Carell is at his discombobulated best, and