S02, Episode 4 | Gresham's Law of Alcoholics Anonymous
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S02, Episode 4 | Gresham's Law of Alcoholics Anonymous
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Kevin and Jonathan are back picking up an earlier conversation about the different ways to practice and work 12-Step programs. In economics, Gresham's law is a monetary principle stating that "Bad money drives out good if they exchange for the same price".
In AA, the author of this 1974 article from "24 magazine" argues that the "weak cup of coffee" or rather the program not practiced as intended has caused the AA fellowship to struggle, and recovery is not as strong as it used to be. Kevin and Jonathan share their thoughts on the article and how it can relate to 12-Step fellowships today.
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