"Bad money drives out good"
Nov. 13th, 2015 09:24 amThe Gresham's law has two non-monetary examples:
- Anti-Jewish bias at the best Soviet universities admissions led to filtering out the best non-Jewish students too (according to Gelfand)
- Soviet purges hit the better people more (e.g., Shtern vs. Zhukov and Korolev vs. Kostikov)