Thanks for making me aware of this. I’m interested in finding the derivation of this law. Intuitively it sounds sort of like Grisham’s law were bad money drives out good, but it can’t be quite that simple, can it? Is it more of an empirical thing? I know I am being lazy just asking but a quick search turns up only statements of the law. I can make up my own thinking behind it but I’d like to get it from Pournelle if possible. (Aside: Rothbard was great at this sort of logic chaining I think) Also nice rabbit hole generally here!