History of economic thought until the 20th century. In 1516 English humanist Sir Thomas More (1478–1535) published "Utopia", which describes an ideal society where land is owned in common and there is universal education and religious tolerance, inspiring the English Poor Laws (1587) and the communism-socialism movement. In 1517 Polish astronomer Nicolaus Copernicus (1473–1543) published the first known argument for the quantity theory of money. In 1519 he also published the first known form of Gresham's Law: "Bad money drives out good". In 1568 Jean Bodin (1530–1596) of France published "Reply to Malestroit", containing the first known analysis of inflation, which he claimed was
Bad for Good Bad for Good Bad for Good is a 1981 album by American songwriter Jim Steinman. Steinman wrote all of the songs and performed on most, although Rory Dodd contributed lead vocals on some tracks. The songs were originally intended to be recorded by Meat Loaf as a follow up to "Bat Out of Hell", titled "Renegade Angel". However, Meat Loaf suffered vocal problems and was unable to sing. He would record several tracks from "Bad for Good" for his later albums. The critical reaction to the album was mixed. Many reviews commented that Steinman's singing voice was inadequate for the