Gresham's law is a work that examines this problem in more detail. Some also use an explanation of Gresham's Law as "The more efficient you become, the less effective you get"; i.e. "when you try to go on the cheap, you will stop selling" or "the less you invest in your non-tangible services, the fewer sales you will get." Vice President Spiro Agnew used Gresham's law in describing American news media, stating that "Bad news drives out good news," although his argument was closer to that of a race to the bottom for higher ratings rather than over and undervaluing certain kinds
Good Bad 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 Tom's Cabin" to outlive the complete works of Virginia Woolf or George Moore, though I know of no strictly literary