Gresham’s Law, and why public conversations are so terrible
In economics, Gresham’s Law says bad currency drives out good currency when both are legal tender. In life, the cheap often undercuts the precious. So Gresham’s Law has been on my mind for some time.
From the Wikipedia entry:
‘Gresham’s Law is a monetary principle stating that “bad money drives out good”. For example, if there are two…