f the most fundamental
raisons d'etre for a government.
If you don't like the effects of Gresham's law,
replacing it with the law of the jungle isn't
really an improvement. Practicality lies in
the vast gray area in the middle.
As a specific example, consider the legal status
of
On Saturday, October 25, 2003, at 08:29 AM, Russell Nelson wrote:
I wonder if the DMCA (why do those initials bring to mind a song by
The Village People?) isn't invoking Gresham's Law? Gresham's Law says
"bad money drives out good", but it only applies when there is a
I wonder if the DMCA (why do those initials bring to mind a song by
The Village People?) isn't invoking Gresham's Law? Gresham's Law says
"bad money drives out good", but it only applies when there is a legal
tender law. Such a law requires that all money be treated e
