aphar ([personal profile] aphar) wrote2015-11-13 09:24 am

"Bad money drives out good"

The Gresham's law has two non-monetary examples:
  1. Anti-Jewish bias at the best Soviet universities admissions led to filtering out the best non-Jewish students too (according to Gelfand)

  2. Soviet purges hit the better people more (e.g., Shtern vs. Zhukov and Korolev vs. Kostikov)