gresham’s law

Gresham’s law. The principle that inferior products or practices tend to displace superior ones. • This economic principle is popularly attributed to Sir Thomas Gresham (1519–1579), even though earlier writers such as Oresme and Copernicus discussed it.

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词条贡献者

法律翻译Fang，毕业于新加坡知名法学院，专注翻译各类与白领犯罪与调查有关的法律文件。