Medium of exchange was observed as early as Oresme, Copernicus and then in 1558 by Sir Thomas Gresham, that bad money drives out good in any marketplace (Gresham's Law states "Where legal tender laws exist, bad money drives out good money"). A more precise definition is this: "A currency that is artificially overvalued by law will drive out of circulation a currency that is artificially undervalued by that law." Gresham's law is therefore a specific application of the general law of price controls. A common explanation is that people will always keep the less adultered, less clipped, sweated, less filed, less trimmed coin,
Good Bad Not Evil Good Bad Not Evil Good Bad Not Evil is the fourth studio album by garage rock band Black Lips. The album was recorded in December 2006 and released on September 11, 2007. The title is a reference to the Shangri-Las song, "Give Him a Great Big Kiss". "Good Bad Not Evil" has received generally positive reviews. On the review aggregate site Metacritic the album has a score of 73 out of 100, indicating "Generally favorable reviews." Several songs from "Good Bad Not Evil" have appeared in films. "Bad Kids" and "Veni Vidi Vici" were featured in "(500) Days of Summer".