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A comment on Declining quality of consumer-grade products – 2009 fridge compressor autopsy. Parent comment

Re:Declining quality of consumer-grade products – 2009 fridg... by RachelF on Sunday August 14, 2022 @11:02PM (#32465401)
There's a law of economics [1] that describes how bad products drive out good ones if they look the same:

[1] https://en.wikipedia.org/wiki/Gresham%27s_law

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Re:Declining quality of consumer-grade products – 2009 fridg... by wizofaus on Monday August 15, 2022 @09:03AM (#32469153)
Gresham's law is about (physical) currencies though - while it could arguably be somewhat extended to consumer products, the latter can typically be distinguished readily on more than just their superficial appearance. The fact that it's hard to accurately do so at point of purchase for most consumers is definitely part of the problem though.
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Re:Declining quality of consumer-grade products – 2009 fridg... by oigursh on Tuesday August 16, 2022 @07:18AM (#32481422)
Believe the Market for Lemons may apply:

[1] https://en.wikipedia.org/wiki/The_Market_for_Lemons

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