Gresham's law the building of the Temple from the Bible and the Mishna in tractate Bava Metzia () from the Talmud. Ibn Taimiyyah (1263–1328) described the phenomenon as follows: In an influential theoretical article, Rolnick and Weber (1986) argued that bad money would drive good money to a premium, rather than driving it out of circulation. However, their research did not take into account the context in which Gresham had made his observation. Rolnick and Weber ignored the influence of legal tender legislation, which requires people to accept both good and bad money as if they were of equal value. They also
The Good The Bad 033". Third album "From 034 to 050" was released in 2012. In March 2010, The Good The Bad were invited to play at South by Southwest festival in Austin, Texas. Continuing their affiliation with the Jail Guitar Doors charity, the band played alongside Billy Bragg, Chris Shiflett (Foo Fighters) and Wayne Kramer (MC5) at the Strummerville/Jail Guitar Doors show. Upon seeing them for first time, Wayne Kramer described The Good The Bad as "an incredible new band". Olsson and Ramdas have also played together in Sort Sol. The Good The Bad The Good The Bad are an instrumental Danish Surf