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 and Bad at Games who is 'bad at games'. Ten years later Cox uses the naive and equal outsider Niles, who is only included in the clique because he is 'good at games', to find out more about the lead persecutor (Mount), in order to exact revenge. Good and Bad at Games Good and Bad at Games is a UK television drama that was one of the first programmes broadcast on Channel 4 Television in 1983. The screenplay was written by William Boyd and the lead roles of Cox, Mount and Niles were played by Anton Lesser, Dominic Jephcott and Martyn Stanbridge. A young