Politics
Gresham’s Law isn’t about greed or bad behavior. It describes rational decision-making under fixed rules.
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Nicholas Anthony Saule Omarova, then a professor at Cornell Law School in 2021, faced one of the most intense nomination processes in recent history....
The modern state doesn’t get its power from the consent of the governed. Instead, it creates crises and then uses coercion to demand obedience.
Gresham’s Law isn’t about greed or bad behavior. It describes rational decision-making under fixed rules.