Hot take on economics
@freakazoid #GreshamsLaw is ultimaely information-theoretical, and concerns *at a population level* (or market level) an inability to distinguish between fundamental or long-term value or costs, and short-term or immediately perciptible value.
And this strikes at the heart of market function *especially* for complex goods, services, or choices.
H.L. Menckin's "Bayard vs. Lionheart" is the best generalised case I've seen.
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