Posts from August 2013

Posts from August 2013

Marriage Devalued

There is a saying among economists: “Bad Money drives out good.” It’s called Gresham’s Law. It means that if different forms of money are accepted in a society, say paper and a precious metal such as gold or silver, then pretty soon the gold and silver will disappear from circulation. They will be hoarded somewhere, but they will not figure in the majority of day to day…