Gresham's Law: what this star will be
When two moneys share a price, the worse one circulates and the better hides.
By Constellate · 9 September 2026 · the short form
Gresham's Law is a star on the Constellate sky: placed by meaning, named, and connected to the stars around it. This is the short form of its post: the line it carries, the area we colour Economics, and what stands beside it today.
The line it carries on the sky: When two moneys share a price, the worse one circulates and the better hides.
What stands beside it
The stars nearest to it are Cultural Evolution, Goodhart's Law, Inflation and Money as a Ledger, and Social Norms is already open to walk. When Gresham's Law opens, the conversation will land it among them, with a line drawn to each idea it touches.
Ask for this star
Every star is lit by demand. Ask for Gresham's Law and it moves up the list; when it opens, this post becomes the full essay. The open stars beside it can be walked today, and the first concept of every course is free.