If lies debase the currency of a man’s speech, as alloying gold and base metals does, why can’t there be Fiat speech, that can’t be debased in the same way? What’s the modern monetary theory of speech ethics?

Makes me wonder if there’s analogies of Gresham’s Law for reasons, statements, truth, masks, etc. Interesting social approach to honesty and integrity. personhood as social. The sociality of personhood, moral knowledge, and responsibility Also we give credit, as when we give someone the benefit of the doubt

Gregory Bateson postulated an analogue to Gresham’s law operating in cultural evolution, in which “the oversimplified ideas will always displace the sophisticated and the vulgar and hateful will always displace the beautiful. And yet the beautiful persists.”

  • but what is the value of keeping the idea to yourself or saving the idea? Ideas are pretty much non-rivalrous aren’t they? I guess sharing ideas has a broadcast cost, but now with social media that’s way down. Mediation

The marketplace of ideas Honesty and Poker Information asymmetry