What is Gresham's Law of planning?

A general tendency for programmed activities to overshadow non-programmed activities is known as Gresham’s Law of Planning. However, Gresham’s law was related to economics and not planning but people in project planning and time management saw an analogous principle with regards to time management and decided to call it Gresham’s Law of Planning. You can read about the Monetary System – Types of Monetary System (Commodity, Commodity-Based, Fiat Money) in the given link.

Further readings:

  1. Inflation in Economy- Types of Inflation, Inflation Remedies [UPSC Notes]
  2. Indian Economy Notes For UPSC Exam [Download PDFs]

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