Thomas Gresham own house in Bishopsgate Street and the rents from the Royal Exchange should be vested in the Corporation of London and the Mercers Company, for the purpose of instituting a college in which seven professors should read lectures, one each day of the week, in astronomy, geometry, physic, law, divinity, rhetoric and music. Thus, Gresham College, the first institution of higher learning in London, came to be established in 1597. Gresham's Law (stated simply as: "Bad money drives out good") takes its name from him (although others, including the astronomer Nicolaus Copernicus, had recognised the concept for years) because he
The Good, the Bad & the Queen that the band itself is unnamed, and that "The Good, The Bad & The Queen" is simply the name of the album only. However, all future releases by the band are clearly credited as "The Good, The Bad & The Queen". It should also be noted the band's first single release ("Herculean") was issued months before the album ever came out – at which time, publicity materials identified the band as The Good, The Bad & The Queen and no one claimed that the band was unnamed. "The Good, the Bad & the Queen" is used exclusively as the name